Hearx(EAR) Message Board

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Microcap & Penny Stocks : Hearx(EAR)

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To: Dan Merfeld who wrote (13)	11/15/1996 11:09:00 PM
From: Lee Bush	of 383

I received third quarter results today in the mail. This is as of 9/27/96. Net sales 4.6 mil for qtr vs. 2.5 mil in 95., but expenses were 6.6 mil vs. 3.1 mil, or a loss before taxes of 2 mil., or .04 per common share vs. .01 in 95 qtr. Common shares outstanding now 69.6 million. Dr. Brown's statement on the front of the report is "We have doubled the number of centers in 1996 in order to quadruple the revenues in 97." So, '97 looks like the proof of the pudding on this one. If they do generate a large increase in revenue, they will probably make it. If they fail to do that, it's "Whoa Nellie" time. Lee

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