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Microcap & Penny Stocks : SCOTTS LIQUID GOLD - NYSE sym SGD - Beats OPTIONS! -- Ignore unavailable to you. Want to Upgrade?


To: J R KARY who wrote (168)3/17/1998 10:53:00 AM
From: J R KARY  Respond to of 222
 
SGD expects 1Q loss - family trial postponed by court

Can't figure for the life of me ;>) but SGD expects a revenue shortfall for 1Q which will bring a slight loss:

biz.yahoo.com

The trial was postponed by the court until April 1998 and SGD's prez said this about 1Q :

" The decline in 1998 sales has occurred even though the Company's advertising expenditures are at a level similar to the first quarter of 1997.

As a result, the Company expects a loss for the first quarter of 1998. However, a loss in the first quarter for the Company has occurred in the past and in no way precludes a profitable year. "


Jim K.