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Technology Stocks : Nimbus CD International
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To: Tom M who wrote (1247)12/9/1997 6:31:00 PM
From: Kurt T.  Read Replies (1) of 1673
 
Tom, I started to get a little different (more positive generally) vibe on this one after reading the November 14, 1997 10-Q. One that I also liked:

>>"The Company anticipates improvement in the gross profit as a percentage of sales in the third fiscal quarter as depreciation and factory overhead charges are absorbed by higher production volumes and the Company continues to realize the benefits of restructuring its North American operations into the two remaining plants."<<

I know how Greg feels. NMBS would always retreat. But a day like today when the techs take their licks and NMBS goes up; it is reason to be optimistic IMO. I can't remember too many days (OK, how bout none) where the techs were down big (as well as the DJ and also the A/D line) and NMBS went up. Maybe I've had too much egg nog.
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