SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TSR, Inc. [TSRI] Good Earnings!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ty R who wrote (129)9/26/1997 9:09:00 AM
From: Todd Fogelsanger   of 281
 
Ty,

Thanks for the reply. I was just looking over some
information that I received from my broker(just their last
qtr. earnings and a short press release). The release
states "the company said it does not expect contract
programming services revenues to continue to increase in
the first qtr of fiscal 1998 due to an 'unusually high number
of consultants' who went off billing in May and June as a
result of the completion of a large client project. As well,
the company said Year 2000 development, production and
marketing expenses are expected to rise by $400,000 in the
first qtr. earnings. In the fourth qtr., the company had like
expenses of $455,000."

I think that in light of the fact that revenues aren't
expected to increase and Year 2000 expenses are expected to
practically double, their next earnings report will be less
than outstanding. If they do come out with strong earnings
it will IMHO be very positive for the stock price.

Todd
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News