GTAX..... Overview:
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Business Summary:
Gilman & Ciocia is a provider of income tax preparation and financial
planning services to individuals and businesses. GTAX also provides
direct mail services. For the three months ended 9/30/97, total revenues increased 13% to $2.4M. Net loss fell 81% to $113K. Results reflect growth of existing offices and the acquisition of new financial planners. Results also reflect decreased salaries and commissions due to personnel changes.
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Here's the chart:
wsrn.com
GTAX is one of those companies that seems to be able to maintain upward
momentum on moderate volume... Daily average volume has been less than
30k... MoneyFlow is neutral and MACD is negative... Yet GTAX is
challenging its recent high... All Moving Averages are heading up... For
the short term, we'll have to see if it can maintain this upward
momentum to new highs on moderate volume... For the intermediate term,
the trend is up...
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Growing Revenues:
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Growing Net Income:
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Growing EPS:
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Rising Profit Margins:
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Recent News:
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Gilman & Ciocia Reports First Quarter Results
Revenues up 13%
GREAT NECK, N.Y.--(BUSINESS WIRE)--Nov. 20, 1997--Gilman & Ciocia Inc.
(NASDAQ: GTAX - news)
announced today results for the first quarter ended Sept. 30, 1997.
Revenue for the first quarter ended Sept. 30, 1997 was $2,441,460 as
compared to $2,159,800 for the same period last
year. Net income for the quarter was $(112,640), or $(0.02) per share
versus $(587,098) or $(0.11) per share in 1996.
biz.yahoo.com
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Gilman & Ciocia Opens New Offices in Florida
GREAT NECK, N.Y.--(BUSINESS WIRE)--Nov. 5, 1997--
Company to Add Five To Seven Locations by Year End
Gilman & Ciocia, Inc. (NASDAQ:GTAX) announced today the opening of new
offices in Spring Hill and Sarasota, Florida.
The company already has nine offices operating in this state.
biz.yahoo.com
Jim |
