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Non-Tech : Titan Motorcycle Co. of America (TMOT)

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To: WallStBum who wrote (151)11/4/1998 5:32:00 PM
From: Randy berg  Read Replies (1) of 219
 
News Release-----. I just received this release from Titan. The guts of the release is that Titan has reported record 3rd quarter results.......Titan Motorcycle of America (NASD OTC BB TMOT) announced today record results for the third quarter and first nine months of 1998. For the three months ended Oct 3rd, 1998, the company posted net income of 206,600 or 0.01 per share on revenue of 8.17 million (up 121 percent) versus a net loss of 551,700 or 0.04 per share on revenue of 3.7 million for the third quarter of 1997. Net income for the first nine months of 1998 was 526,160 or 0.03 per share on record revenue of 21 million ( up 125 percent) compaired to a net loss of 1.1 million or 0.07 per share on revenue of 9.4 million for the first nine months of 1997. What a nice release. Titan is looking strong. I will add to my position a bit tomorrow. Randy
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