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Microcap & Penny Stocks : VCAR - Vector Aeromotive

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To: who wrote ()8/16/1996 4:17:00 PM
From: PACO MADDEN   of 431
 
VCAR NEWS. On 8/15 the company reported a second quater loss of .03 per share vs. .04 per share in the same Q last year. The co. expects losses to continue through 1996 and stated that production rates on its M12 model will be increasing carefully and may now grow slower than originally expected. Further cash infusion is also being sought by the co. to sustain operations. Info from S&P.

By the way if someone has not already mentioned this, there was recent write up in Money World (http://www.moneyworldonline.com/high.html) on VCAR.
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