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Strategies & Market Trends : Rande Is . . . HOME

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From: ~digs11/16/2006 5:13:44 PM
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NUT closed at a new all time high today despite a recent report of lower earnings.
If my memory serves me well, NUT used to a favorite of Rande's.

Tuesday November 7, 7:40 pm ET
ML Macadamia Orchards L.P., said it harvested more nuts but made less money in the third quarter, with net income down 28 percent to $85,000 from a year earlier. The Hilo-based company said Tuesday the lower earnings were the result of a "favorable nut price adjustment" in the third quarter of 2005, when it reported $118,000 net income. The company (NYSE: NUT - News) said revenue climbed to $4.3 million from $2.8 million in the same quarter of 2005. Nut harvest in the three months ended Sept. 30 was 7.8 million pounds, or 78 percent higher. biz.yahoo.com

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