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Technology Stocks : RomTech (Nasdaq: ROMT) -- Ignore unavailable to you. Want to Upgrade?


To: stockvalinvestor who wrote (12)10/26/1997 6:05:00 PM
From: MENSO  Respond to of 427
 
$0.20 EPS per share was a reasonable expectation at the time of the report. Since late August the company's producs have continued to gain visibility; and I personally believe (hope ?) they can do even better. But even at (only) $0.20 EPS the stock would already be worth at least $6 to $7 per share -- hence seemingly confirming your "3-bagger comments". Let's hope we are both right.



To: stockvalinvestor who wrote (12)10/26/1997 6:27:00 PM
From: MENSO  Respond to of 427
 
Your post was a little bit difficult to read. I hope you don't mind that I reformatted it for you. By the way, I also wanted to clarify something for those that may be new to ROMT. The current quarter is in fact already fiscal 1998 (I don't like it when a company's fiscal year is not based on the calendar year !...)

ROMTECH INC. Sees Profit for Fiscal 1998 First Quarter and Full Year--

RomTech Inc. (ROMT) said it "remains confident" that it is positioned to double its revenues in fiscal 1998 and report net income of $0.15-$0.20 per share.

For fiscal 1997, ROMT reported a net loss of $1,494,683, or $0.32 per share, on revenues of $4,497,693. The company noted that these results included a fourth quarter charge of $302,000 in connnection with termination of a merger and a marketing relationship.

ROMT added that it appears that fiscal 1998 first quarter revenues will exceed those of the comparable period of last year by about 50%, producing the company's first profitable quarter.

For the first quarter of fiscal 1997, ROMT reported a net loss of $233,000, or $0.04 per share, on revenues of $1,071,000.