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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)
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To: Edward W. Richmond who wrote (678)2/27/1999 4:00:00 PM
From: Saverio  Read Replies (1) of 1208
 
Ed: thanks for your analysis. I believe the picture is encouraging. For 1999, I checked a couple of ratios on a discrete quarter basis:
1) Cost of Goods Sold as % of Revenue
Qtr 1: 0.49
Qtr 2: 0.43
Qtr 3: 0.41
2) General and Administration Expense as % of Revenue
Qtr 1: 0.22
Qtr 2: 0.36 (probably the move)
Qtr 3: 0.11
These vital signs are trending good.

Just hope the financing falls into place, to make the balance sheet look somewhat better.

Saverio
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