Alan thanks for asking. We enjoy talking about our stocks very much.
I will be the first to admit that we were hoping for a day trade on this one. It doesn't appear that it has worked out. However, like we try to do even with most of our day trades is to pick stocks that offer both long and short term potential.
To answer some of your questions,
>>(I didn't see a BS in the earnings report).<<
They did show a consolidated BS at the bottom of the link you provided. The BS included assets of 21.4 million and liabilities of 1.7 million. It also showed 8.1 million in cash. Maybe you were looking for
a detailed balance sheet.
>> Operating Income per share 0.08 -0.21 I am not impressed with .08 for the whole year. <<
First of all I like to take all things into consideration when I look at a stock. If management has the capabilities to add additional revenue I look at it as a plus. However either way I look at it, .08 vs. (.21) or
.29 vs .03, it shows GREAT improvement over last years numbers. Your way even adds .03.
>>Am I missing something? You seem very enthusiastic. <<
Alan besides the above, here are some other reasons we like the future potential of this company. Some were stated in the same link you provided,
1. Sales at Madis grew to $10,758,000 in 1997 up from $6,643,000 in 1996, an increase of 62%. Fourth quarter earnings of Madis were negatively affected by costs incurred in developing capability for purified extracts and by engineering expenses associated with the expansion and upgrading of the Madis manufacturing facility which is scheduled for completion by the end of the second quarter of 1998. These negative factors are not expected to affect income at Madis for 1998. Sales at Madis for the first two months of 1998 are up sharply and 1998 sales are expected to increase by more than 50% for the year compared to 1997 with commensurate increases in operating earnings.
Even including the negative charges for the fourth quarter, they beat last year by what they did.
2. 'We believe that last year's record growth in earnings and sales will continue in 1998. Operating results are expected to improve materially with the increased penetration of the existing standardized lines and the introduction of several new products.
3. BERKELEY, Calif.--(BUSINESS WIRE)--Jan. 12, 1998--Executives, investors, analysts and entrepreneurs with interests in the natural products and dietary supplements industry will gather on Aug. 3-4, 1998, at the historic Claremont Resort in Berkeley, Calif., for the second annual Natural Business(TM) Financial & Investment Conference.....Paul Koether, chairman of Pure World Inc.
Hope this helps explain some of our reasons
Cary
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