Microlog(MLOG): Ready to Move?! Message Board

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Technology Stocks : Microlog(MLOG): Ready to Move?!

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To: David Rubin who wrote (353)	12/18/1997 7:54:00 PM
From: Kenneth R. Moss	Read Replies (1) of 595

To All or anyone: Can someone explain the following to me. I have read this several times and it still is a fog to me . TIA, Ken GERMANTOWN, Md., Dec. 18 /PRNewswire/ -- Microlog Corporation (Nasdaq: MLOG - news) today reported net income of $1.8 million ($0.40 per share) on sales of $8.6 million for the quarter ending October 31, 1997. These results include a $1.2 million ($0.26 per share) income tax benefit associated with the expected future realization of the Company's net operating loss carryforwards. This compares to net income of $1.1 million ($0.23 per share) on sales of $6.7 million for the quarter ending October 31, 1996, which included a $650,000 ($0.14 per share) income benefit associated with the expected future realization of the Company's net operating loss carryforwards.

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