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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (596)9/2/2003 1:34:03 PM
From: Dale Baker  Read Replies (1) | Respond to of 1404
 
I recall looking at MTON and seeing how much they were hurt by losing a big contract. Usually a red flag for me, plus a company that swings from profits to a loss:

MTON contracts with wireless communications carriers to provide EDA to a carrier's subscribers. For the six months ended 6/30/03, revenues fell 15% to $110.4 million. Net loss totalled $5.1 million vs. an income of $12.9 million. Results reflect the expiration of the Cingular Wireless contract, and higher administrative expenses.