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Non-Tech : AMTK-Profits up -- Ignore unavailable to you. Want to Upgrade?

To: Kurt T. who wrote (152)	4/7/1998 6:05:00 PM
From: silicon warrior	Respond to of 224

probably just a bunch of guys with inside info from the company selling while we're in the dark---management screwing the shareholders once again.........

To: Kurt T. who wrote (152)	4/7/1998 6:05:00 PM
From: silicon warrior	Read Replies (1) \| Respond to of 224

probably just a bunch of guys with inside info from the company selling while we're in the dark---management screwing the shareholders once again.........

To: Kurt T. who wrote (152)	4/9/1998 12:29:00 PM
From: ENOTS	Read Replies (1) \| Respond to of 224

Kurt I am still here just busy, am suffering with everyone! I have not a clue, re their position! Boeing seems to be still in business! But amtk cannot get out of its own way!! Maybe 1999????? Maybe after all this is washed out we can advance a bit!!!!! Unusual item expenses of $3,845 were recorded in 1997. During the second and third quarters of 1997 the Company engaged in extensive efforts, including financing activities, negotiations and due diligence, for the acquisition of a much larger company. The Company was not successful, and the target company was acquired by a major competitor in September 1997. Negotiations related to several smaller acquisitions were also terminated during the third quarter. As a result, expenses of approximately $760 related to the Company's acquisition activities were recognized in the third quarter. The Company also recorded charges of $1,085 in the third and fourth quarters related to its investment in Carbon Design, primarily consisting of a writedown of goodwill and a reserve for loss on sale following a decision to dispose of that business. Finally, goodwill related to the purchase of Grafalloy was reduced by $2,000 in the fourth quarter. Interest expense was $603 in 1997 compared to $434 in 1996, an increase of $169, as a result of borrowings incurred in the purchase of Grafalloy. Interest and other income decreased in 1997 because of lower cash balances in interest-earning accounts. An extraordinary loss of $29 was incurred in 1996 upon the early retirement of a loan made by an affiliate of the Company. As a result of the factors described above, the Company incurred a net loss of $5,894 in 1997 or $1.35 per share (diluted), after reporting net income of $934 or $0.32 per share (diluted) in 1996. Excluding the unusual item charges, the net loss in 1997 was $2,049 or $0.47 per share. At December 31, 1997, the Company had a net operating loss carryforward for federal income tax purposes of $3,900 available to offset taxable income of the Company through 2012. Additional carryforwards of approximately $32,165 are available as a result of the acquisition of CCC in December 1995. The change- in-ownership provisions of Section 382 of the Internal Revenue Code limit the amount available to offset future taxable income to approximately $500 per year through 2010. Well we will see if we can outwait the negatives of this writeoff!!! I hope they do not try to buy anyone else for a while!!!!