Here's a little price history/movement of their stock
when they have reported positive earnings. Their has only
been two times since Jan. 1993 that they have reported
positive earnings, take a look.
1st Qtr Jan.(93)-0.232 1st Qtr Jan.(94)-0.170
2nd Qtr Apr.(93)-0.386 2nd Qtr Apr.(94)-0.060
3rd Qtr Jul.(93)+0.149 3rd Qtr Jul.(94)-1.050
4th Qtr Oct.(93)-1.364 4th Qtr Oct.(94)-2.400
1st Qtr Jan.(95)-0.150 1st Qtr Jan.(96)-0.020
2nd Qtr Apr.(95)+0.770 2nd Qtr Apr.(96)-0.040
3rd Qtr Jul.(95)-0.220
4th Qtr Oct.(95)-0.370
With the graph I have I'll start out from July 1994 the
stock was around $6.25 a share then from there it went on
down to under a dollar Approx. 0.90 a share in the month of
Dec 1994. From there it bounced up and down between $1.50
to $2.50 a share just before second positive earnings
announcement for the 2nd Qtr Apr.(95). With the news of
2nd Qtr earnings of +0.770 cents a share it jumped from
around $1.50 a share to over $4.50 a share, then after that
it dwindled on down to the low of 0.200 cents a share.
From there on everybody probably knows how the stock it went
up to over $2 on news and the market run up this past summer
then from there back on down again to where it is presently
0.250 cents a share. It looks like if they can ever get
some steady positive earnings per share we should see this
baby fly.
Some other facts:
1-for-10 reverse split 11/01/95
Number of employees 112 as of 10/04/96
%owned institutions 0.16
Long Term Debt/Equity 0.86 (Not to Bad)
Market Makers HRZG, SHWD, TSCO, BACH, FAHN, GWAY
30 million shares auth.
IPO 10/89 300K Units (6 common & 12 warrants)@$6 by Redstone
Securities
Price History:
1995 High/Low (20.00/0.22), 1994 High/Low (19.38/0.94)
1993 High/Low (76.25/5.00), 1992 High/Low (137.50/50.00)
1991 High/Low (137.50/27.50)
Insiders own approx. 19%, Jerome Bauman owns approx. 7%,
Magnolia Trust owns approx. 7% also.
Short term debt $993K @ 19.6% (avg.), $235 @ 12%;
Long term dept $895 @ prime + 2.75%, $355K in cap. ls.
Company incorporated in Delaware 1987
Good luck everyone! |
