SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Anyone follow CBLK? -- Ignore unavailable to you. Want to Upgrade?


To: GARY P GROBBEL who wrote (95)6/8/2000 12:23:00 PM
From: GARY P GROBBEL  Read Replies (1) | Respond to of 102
 
cblk...otc bb fully filing...is profitable once again since shedding the auro subs this past february. and and and in the last 2 weeks they have signed on as clients ATT and Scientific Atlanta....

now, there are only 1.6m shares outstanding here....as this situation develops further i think the upside potential is significant...gpg

Cable Link, Inc. -- Reports First Quarter 2000 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--May 16, 2000--Cable Link, Inc. (OTCBB:CBLK - news) announces its first quarter 2000 consolidated financial results today. In February 2000, the Company (Cable Link, Inc. and its wholly-owned subsidiary, PC & Parts, Inc. dba Auro Computer Services) decided to close the Subsidiary and operations ceased on February 21, 2000. Net sales for the Parent for the first quarter ending March 31, 2000 were $2,078,664 compared to $3,163,075 for the first quarter ending March 31, 1999. This represents a decrease of $1,084,411 or 34% over the previous year for the same period.

Net income for the first quarter of 2000 for the Company was $267,344 or $0.14 fully diluted earnings per share versus net loss of $(200,899) or $(0.11) fully diluted earnings per share for the first quarter of 1999. This amount includes income (loss) from operations of the discontinued division.

The early part and to some extent the first six months of 2000 will reflect the changeover in the CATV industry from analog to digital equipment, especially in the converter box area. At Cable Link, Inc. we are positioning ourselves to be able to switch much of our revenue stream historically received from converter box sales to amplification equipment, new equipment, foreign sales, inventory management programs, and business to business solutions that we believe will make a larger difference in our future starting with the second half of our fiscal year.

Cable Link is a public company and trades over the counter on the bulletin board (OTCBB) under the symbol CBLK.

This press release may include statements, which constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements are subject to risk and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors, which would cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission Filings