Canadian Small Caps with Earnings and Growth Message Board

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Gold/Mining/Energy : Canadian Small Caps with Earnings and Growth

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To: Ciao who wrote (67)	10/5/1999 10:41:00 PM
From: The Osprey	Read Replies (1) of 101

When a company has reached a good revenue stream they feel comfortable with they concentrate on cost reduction.This may take the form of logistics,inventory control, personnell,or cost of goods sold(new supplier).Look at the decrease in expenses in the 6 month and 3 month reports and see how the sales are constant and you will have your answer.Looks like they have hired someone to trim the fat.Looks like one heck of a turnaround. My question is (without doing any DD is this.Why has revenue not grown in the 3 month or 6 month picture.Have they reached saturation or spent very little on R&D or marketing??????? The 2.9 million pre charge to income had a major effect of distorting the income figures in the 6 month period.I haven't looked at this stock but I will be willing to wager there was insider buying after the last news release showing the extraordinary charge against pre-tax income. The Osprey

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