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Microcap & Penny Stocks : MTCI...@.75 joining the big guys

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To: Colin Johns who wrote (2820)5/3/1997 1:05:00 AM
From: TT   of 2834
 
Collin, you couldn't be more right, mtiE Had restated Q Results....

Julius.

MTCI (NASDAQ:MTCI) restates Q1 and Q2, reports loss in Q3

Reuters, Friday, May 02, 1997 at 15:00

NEW YORK, May 2 (Reuter) - Management Technologies Inc said
Friday that as a result of an internal audit, it has restated
earnings for the first and second quarters of its fiscal year.
It also announced a loss in the current quarter.
For the first quarter, ended July 31, 1996, the company
reported a net loss of $421,000 or $0.02 per share, on total
revenues of $6.762 million, compared to a net loss of $2.155
million, or $0.14 per share, on total revenues of $6.266
million for the quarter ended July 31, 1995.
For the second quarter, ended October 31, 1996, the company
reported a net loss of $1.118 million, or $0.03 per share, on
total revenues of $6.258 million, compared to a net loss of
$2.552 million, or $0.12 per share, on total revenues of $4.514
million for the quarter ended October 31, 1995.
Management Technologies also reported its results Friday
for the third quarter.
The company said it posted a net loss of $1.235 million, or
$0.02 per share, on total revenues of $4.287 million for the
three months ended January 31. Results for the same period in
1996 were a net loss of $791,000, or $0.04 per share, on total
revenues of $5.812 million.
Copyright 1997, Reuters News Service

BTW, Do you have Any ""Worthy"" Inside your bag, I'm still waiting for
that Story Line You've Promised a while back......Or Was It ???
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