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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (21746)11/3/2000 8:32:13 PM
From: Ken W  Read Replies (3) | Respond to of 29382
 
Sergio:

Did'nt Japan go through the same kind of thing about 2 years ago, as did Russia? Japan has recovered somewhat and the yak now is that Asia is beginning to look attractive again. All things in time.

Except! SNAP reported after the bell. Rev's are up 7% while costs were up 7% cash down...yada yada Anyway here is a excerpt. It is what I expected. The stock naturally went up prior to the earnings release, which was supposed to be on the 6th...Surprise! Early and not too good and on a Fri. after the bell..Jeez!

Revenues. The Company recognized revenue of $2,903,000 and $314,000 for the three months ended September 30, 2000 and 1999, respectively. The increase of $2,589,000 was primarily attributable to an increase in license revenue resulting from the grant of a non-exclusive license to certain of the company's technology and patent rights.

Research and Development Expenses. The Company incurred research and development expenses of $3,866,000, and $3,614,000 for the three months ended September 30, 2000 and 1999, respectively. The increase of $252,000, or 7% was attributable primarily to increases in preclinical testing and supply costs, both of which were offset by a decrease in depreciation expense.

General and Administrative Expenses. The Company incurred general and administrative expenses of $1,440,000 and $1,209,000 for the three months ended September 30, 2000 and 1999, respectively. The increase of $231,000, or 19%, was attributable primarily to: an increase in consulting fees associated with business development activities; an increase in patent expenses; and legal expenses related to the Company's lawsuit against M.D.S. Panlabs, Inc.

Other Income, Net. The Company recorded other income of $405,000 and $622,000 for the three months ended September 30, 2000 and 1999, respectively. The decrease of $217,000 was primarily due to: lower average cash, cash equivalent and marketable securities balances during 2000 as a result of the utilization of these resources to fund the Company's operations; and a loss on the sale of underutilized equipment.

Ken



To: Sergio H who wrote (21746)11/4/2000 6:13:37 AM
From: Ditchdigger  Read Replies (1) | Respond to of 29382
 
Hello Amigo's,,possibly some help? My parents recently left on a trip to Ireland, as a result my interest in the Irish financial markets has been peaked<g>..They do have a few indexes set up,which have been doing very well, especially the financial index- the ISEQ Financial..I have been searching and found a number of links..My question(plea for help<g>) is,,how can I invest in this index..only this index? Any help would really be appreciated,,is there a mutual fund set up to track the ISEQ? an Ireland specific fund?
Here is a good link to their exchange,,check out the charts from Sept..monthly reports are available ..Hopefully this link will take you to the site W/an acrobat file report on Sept..if not just click on it..Whats ya think? Lots of capitol has been moving to Ireland, tech companies are fairly common..
ise.ie
Index chart looks a bit different than the Naz<g>
finance.yahoo.com^ISEQ&d=3m