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Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE

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To: Steve Lokness who wrote (149)1/16/1999 7:16:00 PM
From: Arthur Radley   of 613
 
atrixlabs.com
They have an excellent website IMO. Still doing some DD on them and Scott's question of why the recent drop needs further looking into. The drop from 21.00 to below 10.00 just when good news is apparently starting to flow from the company gives me pause. Looks like full year earnings are expected to be excellent, but one source I've looked at indicates a loss projected for 1999. I wonder if 1998 is being influenced by milestone payments from Block and that 1999 will only have royalty payments as a source of income. I would like to think this isn't the case and the report hasn't be updated to reflect positive earnings for 1999. Let me know what you find.
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