ATPX: Lunn Industries and Technical Products Group merge. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sergio H who wrote (1557)	4/28/1998 4:27:00 AM
From: Cary C	Read Replies (1) of 1923

ola amigo, in looking at some of the numbers within the numbers on the report, I found some that I thought were particularly exciting. Especially when you tie in this comment from the 10q, >>Design work and material procurement generally characterized the first quarter with a loss, while production and revenue-generation began in the second quarter.'' << With that in mind, the operating income was huge! $986k vs $483K over a 100% increase. Income BEFORE taxes was $180k vs a loss of $156K. Another increase of over 100%! The G/A and other expenses were a little higher. As with the companies inability to hilight the amount of operating and income gains in the report I am sure hat some of the G/A and other expenses were directly associated with the merging of the two companies. Not to mention that I am sure there is still some consolidation of duties going on within the company that haven't been completed yet that should reduce the expenses even further. Looking forward to a very positive second quarter. Wether the company or the iR firm help or not. Cary

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next