BRKS.. AMK
BRKS was one of my longer term holds at the beginning of the year. I've held nearly 3 months and before the drop 8 weeks ago, I was out, I had to reenter this one. Waited last night and right after the close they said No news to justify the selloff that was a good sign for me.
AMK.. still looks good to me. I'm holding it even though its definitely not taking part in any of the rally of the Nasdaq. I just feel it will gap up tomorrow or Monday and I can't forget the 10 points earlier. If it triggers a stop, I might exit, but it just seems to have much potential. There are many other good stocks however so if I'm stubborn, it doesn't mean anyone else has to be stubborn as well.
American Technical Ceramics Corp. Announces Record Third Quarter Results
HUNTINGTON STATION, N.Y.--(BUSINESS WIRE)--May 2, 2000--AMERICAN TECHNICAL CERAMICS CORP. (AMEX Symbol:AMK - news), today announced record sales and earnings for the third quarter ended March 31, 2000.
Net sales for the quarter ended March 31, 2000 increased 85% to $18,424,000 from $9,954,000 in the comparable quarter in fiscal year 1999. Net income amounted to $3,202,000, or approximately $.83 per common share ($.78 per common share assuming dilution), for the quarter ended March 31, 2000, compared with net income of $966,000, or approximately $.25 per common share ($.25 per common share assuming dilution), for the comparable quarter ended March 31, 1999.
Net sales for the nine months ended March 31, 2000 increased 67% to $45,180,000, from $27,097,000 in the comparable period in fiscal year 1999. Net income amounted to $5,691,000, or approximately $1.48 per common share ($1.42 per common share assuming dilution), for the nine months ended March 31, 2000, compared with net income of $1,400,000, or approximately $.36 per common share ($.36 per common share assuming dilution), for the comparable period ended March 31, 1999.
Management stated that the increase in net sales was attributable to broad-based increases in virtually all product areas, with |
