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Technology Stocks : DDL Electronics -- Ignore unavailable to you. Want to Upgrade?


To: Catfish who wrote (90)12/20/1997 9:50:00 PM
From: Ernest K Brandt  Read Replies (1) | Respond to of 164
 
Darrell, I hope Bob's picks for 1998 do a little better than his picks for 1997, which were tubby@.31 tmss@5/8 scms@.91 semi@1 3/16 ctig@7/16 pctch@2 3/8 mdit@ .12. Five of his seven picks"of the year" were down. I used to subcribe but no longer. Ernie PS I hope he is right about ddl since I still hold a postion



To: Catfish who wrote (90)12/21/1997 10:31:00 PM
From: MIKenn  Respond to of 164
 
I checked the financials again.

It is nice to see three good quarters in a row. However, last quarter showed a reduction in sales when compared to the previous quarter. This resulted in significantly lower AR, and an equally significant drain on cash and working capital.

DDL's .01 profit resulted from reducing non-cash expenses by restructuring goodwill amortization, and tax loss carryforwards.

I suppose we are not through the woods yet.

KQB