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.
Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (7742)5/11/2005 10:28:49 AM
From: Ken W  Read Replies (1) | Respond to of 23958
 
Sergio

Possible reason for UPFT weakness:

"The quarter's earnings were impacted by two developments. The first was the settlement of an insurance claim associated with Hurricane Charley, which benefited our bottom line. However, these gains were more than offset by phase-in costs of newly launched automotive programs, which we continue to absorb," said Bailly. "The net result decreased our profitability for the quarter. We expect to reduce these automotive costs as we ramp up program volumes and gain efficiencies in our manufacturing processes."

Also, to my way of thinking, How is it that only 85k hit the net profit out of 18mm in sales. If you back out the insurance gain then even less of the 18mm went to profit. That's an awful lot of costs to "ramp up" anything!!!

Ken



To: Sergio H who wrote (7742)5/11/2005 6:34:19 PM
From: Sal D  Respond to of 23958
 
Sergio, actually bought some MANU today thought I might get a little something out of her today, but that was not the case, had a tight rope on her though and nothing seemed to be happening so bailed lost $94, oh well. Also picked up some WRLD at 26.19 still holding.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News