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Microcap & Penny Stocks : Triangle Imaging Group (TRIG)

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To: JOHN A. who wrote (34)4/8/1998 5:18:00 PM
From: Bill Schrader  Read Replies (1) of 150
 
John, I was thinking more about that $22 million figure that's currently listed in the summary section on the TRIG homepage. I think it's a typo. I believe it should be 1998 projected revenue at $12 million not $22 million. The reason I say this is because in the section directly below (R&D) it states that projected R&D expenditures for 1998 will be $900,000 or 7.5% of revenues. 7.5% of 22 mil is alot more than 900k. However, 7.5% of 12 mil is 900k. I think they typed wrong and got me all excited. I emailed Bill Whalen today to clarify for me. Still, going from 5 mil to 12 mil isn't bad either.

What is up with the price weakness today and the late heavy volume? Any guesses?

Bill
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