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Non-Tech : Titan Motorcycle Co. of America (TMOT) -- Ignore unavailable to you. Want to Upgrade?


To: Eric Anderson who wrote (8)4/27/1998 2:00:00 PM
From: Randy berg  Read Replies (1) | Respond to of 219
 
This just hit the wires a bit ago. This is a very good release. TITAN MOTORCYCLE ACHIEVES RECORD 1ST QUARTER SALES Titan Motorcycle co of America (OTCBB:TMOT) today announced record first quarter sales for the three month period ending March 31, 1998 of 5.4 million, an increase of 184 percent over the first quarter 1997 sales levels of 1.9 million. Net income for the quarter was 59,000 as compared with a loss of 300,000 for the same period last year. Frank keery, CEO of Titan stated " the first quarter of 1998 represents a major milestone for Titan. As planned, our continuing aggressive sales growth, along with major improvements in operations has moved Titan to the first profit in out history. We are particularly gratified to reach profitability during a winter quarter when out sales are typically lower due to poorer weather conditions in many of our markets.. It goes on to say a bit about the company, but I don't want to get blue screened, as I'm not a great typer. (G) I have also heard that Titan is expecting sales of around 13 million for the second quarter. I will post any new news that I receive. Randy