SI
SI
discoversearch

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 : NUTR - Nutraceuticals Inc
NUTR 9.0000.0%Oct 31 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rt1^ who wrote (6)5/1/1998 4:53:00 PM
From: Rodney Glover  Read Replies (2) of 41
 
Company made 2.1 million; Paid off debt of 3.1mil and gave investment banker 1 mil. Less debt - Simply paid off a big loan with proceeds from sale of stock. Basic accounting forces it to charge off earnings. Made .18 c easy. Maybe someone forgot basic math. Company will clearly post greater than .18c next qrt because of increasing income and less debt. I don't understand this one. Went long today. Wall St. usually sees through this type of stuff...go figure. News is just posting a loss of -.14 which has little relevance. Maybe the REAL news will come out this weekend, If not, expect a big gap up, as many savvy fund managers and investors pick up on this.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext