Hi Sandra. sure you already know this just in case, CNKT had a 1 for 5 reverse split in February and the conversion of the preferred was to meet NASDAQ requirements.
biz.yahoo.com
Taken from earnings report,
>>First quarter total revenues were $2,252,000 compared to total revenue of $1,887,000 for the first quarter of 1997, <<
Revenues for the fourth quarter were >> Total revenue 2,273 <<
(taken from earnings released 1/28/98)
>>Commenting on the fourth quarter and full-year results and milestones, Gordon Bridge, CONNECT chairman, president and CEO, said "We are disappointed with our financial results for 1997. Going into the year, we had anticipated the market for our products would mature much more quickly.<<
Looks like they are still struggling. Here is the news release,
biz.yahoo.com
What does this have to do with anything the way the market has been reacting lately. I'll probably be wishing I had bought this one also. Be careful.
Cary |
