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Technology Stocks : Trans-Industries (TRNI)

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To: stockvalinvestor who wrote (12)7/13/1998 10:55:00 AM
From: Christopher Brainard   of 30
 
To all, company warns of flat 2nd quarter revenue growth and 25% decline in EPS (excluding lawsuit gain).

Revenues were clipped $2 million due to customers waiting for passage of the highway bill and expenses associated with obtaining large contract wins. Forecast for full year EPS of $1.05 to $1.10.

The delay in orders is understandable and the investment of expense dollars at this point in time could return good long term benefits. But, but, but ... things could also be really bad! I do not know how!

Do we believe? Comments please!

Chris ....
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