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Technology Stocks : ULTK-Ultrak

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To: David K. who wrote (341)12/18/1997 7:55:00 PM
From: R Tapp  Read Replies (2) of 393
 
Many thanks. The news doesn't look pleasant. Appears the company is going to post eps of between $0.03 and $0.05/share prior to the $0.19/share charge. The company will sell approximately $750,000 of investments to off-set the charge by about $0.05/share. Analysts were expecting eps of $0.15 for the quarter.
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