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Microcap & Penny Stocks : KLOC: wishing on a star
KLOC 0.00Oct 4 5:00 PM EST

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To: Ed Offstein who wrote ()1/1/1997 10:51:00 PM
From: Christopher   of 581
 
If Kloc said they earned $5.9 in operating profit, yet their earnings for
4th quarter were negative, how do you explain this? It is rather
deceiving how the press release was worded. After my initial
read through, I was under the impression that for the first time in
many months, KLOC posted record earnings, but it appears to be only operating profit. Can someone explain to me how this could be?
Are certain costs not figured in to operating profit or what?
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