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Microcap & Penny Stocks : Diplomat Direct (DIPL) - Internet - $100 mil/yr proj. sale

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To: Andrew H who wrote (2)1/3/1999 10:11:00 PM
From: blankmind  Read Replies (1) of 183
 
- I've called & spoken to Company manangement

- They're growing sales & maintaining revenues without much increase in overhead.

- Usually, that's a guarantee of increased profitability. But you need to research it further.

- So for the previous quarter, notice the following:
- Net Sales: $20 mill
- Gross profit: $11.6 mill
- Income from continuing operations: $340k
- Loss from discontinued operaions: $240K

- Seems that with this growth, that DIPL can turn these marginal profits in to bigger profits in the current & upcoming quarters. Of course, no one knows for sure, otherwise, the stock wouldn't be under $2.

- So basically, even though
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