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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Taki who wrote (114273)	5/2/2003 1:38:37 PM
From: Jim Bishop	Respond to of 150070

TIW posts smaller first-quarter net profit MONTREAL, May 2 (Reuters) - Telesystem International Wireless Inc. <TIW.TO> <TIWI.O> posted a smaller first-quarter net profit on Friday but said total subscribers from continuing operations rose 25 percent from a year ago. Montreal-based TIW, whose overseas wireless business is mostly limited to Romania and the Czech Republic, said net profit was $3.04 million, or 1 cent a share, in the quarter ended March 31. That compared with net profit of $39.5 million, or 12 cents a share, in the year earlier period. Earnings from continuing operations were 3 cents a share. Revenues were $199.5 million versus $146.8 million a year ago. TIW said in a statement the first quarter net profit figure includes a loss of $8.8 million on the sale of discontinued operations. ($1=$1.42 Canadian) ((Reporting by Robert Melnbardis; e-mail robert.melnbardis@reuters.com, editing by Peter Galloway; Reuters Messaging: robert.melnbardis.reuters.com@reuters.net; 514-985-2434)) REUTERS * end of story *