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Microcap & Penny Stocks : Micronetics Wireless (NOIZ) -- Ignore unavailable to you. Want to Upgrade?


To: Sandra who wrote (52)11/13/1997 4:50:00 PM
From: Braddock Bull  Read Replies (1) | Respond to of 160
 
Thanks Sandra. Does anyone know why the margins seem to have deteriorated so drastically? After re-reading the announcement, the .03 per share extraordinary income seems to be applicable to the Q1 and Q2 '97 combined. Is this correct? I originally read it as .03 extra income in each quarter, which when factored-in and compared with this year, would indeed show good income growth. Am I missing something, or are we looking at 23% growth for Q1 and Q2 '98 Revenues with no corresponding growth in Income? That wouldn't be so good at all. I didn't see anything about extraordinary expenses? What's up?

Brad