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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop" -- Ignore unavailable to you. Want to Upgrade?

To: Naggrachi who wrote (1650)	12/19/1997 9:20:00 AM
From: Ben Antanaitis	Read Replies (1) \| Respond to of 1985

JTS ALERT!!! ALL- JTS has just filed with the SEC to report a delay in the release of their quarterly report......... Is anyone surprised?????????? They state that they can't meet the reporting required date due to have all their manufacturing in India... No sh*t, is anyone here surprised that the manufacturing is in India, couldn't they find some way by now to gather the information in a timely manner and fax, or hand carry, or email the info to the accountants, or whomever needs it? Here is the location of the filing in FreeEdgar: freeedgar.com Here is the salient info that JTS had to state re any significant changes from prior quarters: (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [X] Yes [ ] No If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made: The Registrant's revenue for the current quarter will be $24.0 million compared -------------------------------------------------------------------------------- to $33.3 million for the corresponding quarter in the prior year. The net loss -------------------------------------------------------------------------------- for the current quarter will be $60.6 million compared to $125.2 million for -------------------------------------------------------------------------------- the corresponding quarter in the prior year. -------------------------------------------------------------------------------- Ben A.