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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (13070)8/4/1999 9:21:00 AM
From: gratefulME  Read Replies (1) | Respond to of 52051
 
WEGI: Float 11.5 m, Outstanding 14.0 m.
Fiscal 1998: Net Loss: $(5,609,795) Net Loss per share: $(.55).
3 Quarters ending 1/31/99: Net Loss = ($381,737) or - 3 cents/share.
Expected to post a profit this year.

check figures for 7/13 over a million shares traded raising the price to .38. Price has stayed at this level since, possible leak of good news to come. Company to report annual any day now. Company had been very busy this current quarter (the hot weather helped).

Strengths: Strong management, well diversified environmental services with large customer base, increasing positive cash flow, SEC reporting company for years.

Weaknesses: no stock promotion, mostly local operations (NY area).

WEGI web site: interoz.com