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Gold/Mining/Energy : Unitec Int. Controls Inc. -- Ignore unavailable to you. Want to Upgrade?


To: csm who wrote (568)10/14/1998 10:48:00 AM
From: Link Lady  Respond to of 856
 
Hi Stuart
I'm a complete novice at reading financial statements however, UIC has managed to report earnings of $0.01 per share,Better than a loss reported last year at same time, while big companies have been reporting less earnings than previous year.

Although revenue was down (only fractionally) gross margin was up due to less costs.
It still a company in growth and although the share price is lower than when I bought, I'm going to hang on. I probably have less shares than you though, may acquire more as things start to pick up.

I was wondering if their indebtedness was lessening?