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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?

To: White Shoes who wrote (1116)	2/2/1998 9:37:00 PM
From: Link Lady	Read Replies (2) \| Respond to of 4231

If you reread Softquads last release, really read it you will realize that the loss was not that bad. Zacks was expecting a loss of $.02. Softquads realease says the loss was 4.9 million with revenues of 4.4 million(est.). Thats an estimated loss of .5 million. They had a restructuring charge of 2.2million Cdn., primarily attributed to staff reductions and reserves for price reductions on the products in the retail channel. They sound like they have a lot of things to look forward to in the future. I thought this statement by Selwyn Rabins summed it all up. "As a result of restructuring, we know have a new lower cost structure in place, we're expanding our relationships with quality developers, and we're strengthening the Alpha and HotMetal brand names with new titles and increased retail penetration," Another important factor was the expanded channels of distribution; office superstores and office specialty stores, and signed agreements with mass marketers Walmart, Target and on-line leader America Online. The only negative statement is the one about lawsuit, I'll breath easier after finished. Softquads prospects seem more positive than when I first read their press release. If negative to me think of how others felt. idg.net