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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Matthew Cooper who wrote (7487)4/16/1998 9:36:00 AM
From: TWL  Read Replies (1) | Respond to of 34592
 
SEMI numbers look OK - Stock should resume move:

Based on last quarters results, which should be fairly typical of this quarter, the company had net income representing approximately 1.83% of net sales. Therefore, if the company earned 63 million, this quarter, the net income should range around 1.153 million. With 20.225 million shares outstanding, this results in 5.7 cents per share. As long as there are any funny expenses and the outstanding shares has remained the same,5.7 cents should be pretty close. In addition, the results actually may be better because last quarter they had some discontinued unprofitable businesses. This should be generally positive for the company and their share price.

Good luck!!