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Technology Stocks : Vertel (VRTL) 10xbagger in the making -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (47)4/22/1998 9:35:00 PM
From: James Wright  Read Replies (1) | Respond to of 465
 
Looks like a winner! Maybe our patience is about to pay off.

biz.yahoo.com

To summarize, comparing 1Q 97 to 1Q 98:

Total revenues up 30.31% from $3.7 to $4.9 million.

Even with the higher revenues:

Costs were down to $1.09 from 1.10 million, and
Operating expenses were down to $3.8 from $5.3 million.

Thus, the new management is doing a great job: Higher revenues on lower costs!

Net income of $340,00 verses a loss of over $4 million.

EPS profits of 0.02 (0.01 fully diluted) from a prior loss of -0.19.

Let's hope this now convinces the market that VRTL has fully turned the corner.