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Technology Stocks : Centennial Tech(CENL)-current and future

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To: manny t who wrote (233)10/6/2000 9:28:54 AM
From: jbkelle  Read Replies (1) of 260
 
manny...my favorite parts...eps and imminent relisting...I would like to know more about the $6.9M in sales of electronic components...one time contract? inventory acquired as part of the intel inventory? what's the scoop? Other than that, it looks great...expanding business, well run, conservative practices...best...jbk

Total sales for the second quarter of fiscal 2001 were $23.4 million while net income was $6.6 million or $1.44 in diluted earnings per share. Net sales of PC cards and related products for the second quarter of fiscal 2001 increased 116 percent to $16.5 million from $7.6 million for the second quarter of fiscal 2000. There was also $6.9 million in sales of electronic components for the second quarter of fiscal 2001. There were no sales of electronic components in the prior year and none are currently expected in the future. Net income for the quarter from the sales of PC cards and related products was $3.3 million or $0.72 in diluted earnings per share, compared to $0.8 million or $0.26 during the same period of fiscal 2000.
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