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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: E who wrote (2838)5/16/1998 9:14:00 AM
From: Joe Copia  Read Replies (1) | Respond to of 25711
 
E. Thanks for additional GNII DD.

This is an investment for me and I added to my position. My basis is now $1.90 ( I had purchased some in the $4's) and have no fear that it will get back to its old highs and beyond.

Earnings are out :

quote.yahoo.com

Sales for the quarter ended March 31, 1998 were $5,020,000 compared with same quarter sales in the prior year of $2,768,000, an increase of $2,252,000 or 81%. This increase was attributable to the addition of GXI sales resulting from the Merger, which amounted to $361,000 and an increase in RBC sales of $1,891,000. The increase in RBC sales was mainly the result of growth in RBC's independent distributor base in the U.S., which realized a sales increase over the first quarter of last year of $1,712,000.

Joe PTG&LI !!!

allstocks.com