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Technology Stocks : PCTH Anyone think this can take off in 1998?!! -- Ignore unavailable to you. Want to Upgrade?


To: Eric mulay who wrote (1355)10/2/1998 1:20:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 1509
 
crap, write offs--glad I only bot a third the other
day. I guess they are learning from boeing how to
operate--backlog of orders but no profits, geeze.

"The Company expects to write down approximately $2.0 million,
after tax, of its investment in Orca and approximately $2.3
million, after tax, attributable to ESC. First quarter revenues
are expected to be approximately $19 million. Before taking into
account the write-downs, first quarter income would have been at
a break-even level. Second quarter revenue is expected to be
approximately $28 million."

funny, I grabbed the article, and now it is deleted off of yahoo,
maybe they will put it back in a minute.

--MM