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Strategies & Market Trends : HURC Hurco coming on strong
HURC 15.53+0.5%Dec 30 3:59 PM EST

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To: Sergio H who wrote (358)12/8/1997 12:18:00 AM
From: Sergio H  Read Replies (1) of 380
 
We're getting ready for another earnings report from this quiet company. Some of the highlights in this quarter:
Received undisclosed amount of cash from Bpt. Machines in the settlement of litigation on patent infringement.
$1.7 mil. net received in new licensing fees.
Lump sum payments received from Allen Bradley Co. and from Sodick Co.
Further reduction of debt and reduced interest payments resulting in a stronger balance sheet.
We are still waiting to hear about pending litigation with the Japanese
amd other CNC companies.

Sergio
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