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Technology Stocks : TRO Learning (tutr) -- Ignore unavailable to you. Want to Upgrade?

To: sam song who wrote (83)	11/18/1997 4:51:00 PM
From: BARRY ALLEN	Read Replies (2) \| Respond to of 93

Not looking good here. Where's the bottom now?? Or is this factored in the price already? How the hell did things turn negative so rapidly. The 4th Qtr is supposed to be the strongest! techstocks.com The analyst's estimate of .00 seems high now. techstocks.com Tuesday November 18, 4:00 pm Eastern Time Company Press Release SOURCE: TRO Learning, Inc. TRO Learning, Inc. Engages Investment Banker; TRO Learning Reports Fiscal 1997 Revenue Shortfall HOFFMAN ESTATES, Ill., Nov. 18 /PRNewswire/ -- TRO Learning, Inc. (Nasdaq-NNM: TUTR - news) announced today that it has retained BancAmerica ROBERTSON STEPHENS as its financial advisor in exploring strategic alternatives to enhance shareholder value. The Company also announced that it initiated a plan in September to restructure its operations to achieve significant cost reductions, improve operating efficiencies, and implement a new business model. It further announced that it will not meet revenue expectations for its fiscal fourth quarter and year. As a result, the Company expects its loss for fiscal 1997 to be substantially greater than analysts' estimates of $(.92) per share. The Company believes the cost reduction plan implemented, its increasing emphasis on rental revenue programs, and the new business model will positively benefit fiscal 1998 and future year results. biz.yahoo.com

To: sam song who wrote (83)	3/3/1998 5:35:00 PM
From: BARRY ALLEN	Read Replies (1) \| Respond to of 93

Looks like TUTR finally is making positive progress! Tuesday March 3, 4:02 pm Eastern Time Company Press Release SOURCE: TRO Learning, Inc. TRO Learning, Inc. Reports First Quarter Financial Results HOFFMAN ESTATES, Ill., March 3 /PRNewswire/ -- TRO Learning, Inc. (TRO) (Nasdaq: TUTR - news) reported today total revenues for its first quarter ended January 31, 1998, of $7,203,000, up 42% as compared to $5,087,000 reported in the first quarter of fiscal 1997. PLATO(R) Education revenue of $6,043,000 and Aviation Training revenues of $1,160,000 were each up more than 40%, compared with last year's first quarter. The loss before income taxes in the first quarter ended January 31, 1998, of ($2,901,000) was 22% less than the comparable loss of ($3,700,000) in last year's first quarter. In line with the Company's decision to reserve its deferred tax asset at the end of last year, no tax benefit has been recorded for the first quarter loss. Accordingly, the net loss is also ($2,901,000) or ($.45) per share. In the first quarter of fiscal 1997 the Company had a tax credit of $1,386,000 and reported a net loss of ($2,314,000) or ($.37) per share. The credit for income taxes in last year's first quarter reduced the reported loss per share by $.23. In commenting on the results, William R. Roach, Chairman of the Board, President and Chief Executive Officer, stated, ''Our first quarter exceeded analyst expectations. I am pleased with the strong growth of PLATO Education revenues and the momentum of the business. PLATO Education operating expenses were down from the first quarter of fiscal 1997 and less than analyst estimates.'' Mr. Roach concluded by stating that, ''I believe that we are on track with our plans for profitable growth in fiscal 1998.'' biz.yahoo.com