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Technology Stocks : AER Energy Resources (AERN)
AERN 0.000001000-90.0%Jun 3 3:19 PM EST

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To: Russell Gasperini who wrote (554)5/4/1998 11:53:00 PM
From: Alan C. Zezula  Read Replies (1) of 621
 
RG,

What did you think of AERN's first quarter? Did not read well to me yet AERN was up a teenth today.

In short a net loss of $2,107,000 vs. $2,005,000 or .09 cents per share vs. .08 cents. No sales of batteries vs $12,000. R & D $1,504,000 vs $1,194,000.

Cash and cash equivalents of $8.2 million. This leaves 4 quarters until doomsday. Looks like once again they are on the way to researching themselves and their stallworth stock holders into oblivian.

Al
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