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To: InOverMyHead who wrote (263)6/10/1999 8:45:00 AM
From: Postman  Respond to of 1078
 
Here is a posting from Raging Bull-
__________________________________
"Why panic? Some numbers clip from the SEC filing.

"During the first quarter of 1999, the Company reported net sales of $12,816,907 as
compared with net sales for the first quarter of 1998 of $5,539,506 an increase of 131% ...
primarily due to the inclusion of $10,253,990 of sales by TPSS Acquisition..

Cost of good sold for all entities amounted to $11,079,473 for the first quarter in 1999
resulting in a gross profit margin of 14% of net sales as compared to 11% for the first quarter
in 1998 . .. mainly from the inclusion of the operations of TPSS Acquisition during this
quarter.

Cash flows Provided by operations were $1,907,357 for the three months ended March 31,
1999 as compared to $705,770 used in operations for the first quarter ended March 31,
1998."

biz.yahoo.com ""