USA Detergents (USAD). A Table Pounding Buy... Message Board

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Non-Tech : USA Detergents (USAD). A Table Pounding Buy...

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To: taxikid who wrote (117)	11/3/1997 5:31:00 PM
From: Premier	Read Replies (2) of 143

Taxi, USAD released 2nd and 3rd quarter results over the weekend. The top line has grown reasonbly well but it incurred significant amount of losses due to various inefficiencies. The company has restructured its operations, changed the management, sold and leased back buildings to improve cash flows and payoff the bank. The untrstworthy management believes that company will return to profitability. The stock did not sell off today, probably because market thinks the worst is over.I have decided to keep this dog another quarter, instead of booking loss at this point. What happened to the poster who always sounded like company IR person? Premier

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