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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: If only I'd held who wrote (64023)3/24/1999 5:49:00 PM
From: GBT  Read Replies (2) of 119973
 
BEAM the only problem with the last quarter is that 60% of their income came from the sell of one of its technologies.

Income from continuing operations for the fourth quarter of 1998 was $3.6 million, or $0.12 per share, as compared to a loss from continuing operations of $0.4 million, or $(0.01) per share, in the fourth quarter of 1997. Income from continuing operations in the fourth quarter 1998 was favorably impacted by a gain of $2.0 million from the sale of assets related to a cardiovascular laser technology that Summit was previously developing. Net income in the fourth quarter 1998 was $4.5 million, or $0.15 per share, which included a gain of $0.9 million on the sale of the Company's vision correction centers, compared to a net loss of $0.4 million, or $(0.01) per share, in the prior year.
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