To: Stockdoctor who wrote (3140 ) 1/4/1999 5:15:00 PM From: DM Read Replies (2) | Respond to of 56535
All (S) VIAX Viagrafix Corp---develops, produces and markets tech-based information technology training products and graphics software products, including vidio tutorials and interactive multimedia training courses delivered on CD-ROM, LANs, intranets and internet.....For nine months ended 9/30/98 net sales rose @5% to 12.3 million, however net income fell 19% to 1.2 million..Results reflect increases in the volume of producst sold, offset by increased wage expense due to personnel additions...In other words growth went up but expenses went up faster. This is not necessarly bad, depends on what type of personal was added and why. Will try and find out from them. Company went public in 3/1998 $13.00, 52-week high 16, low 2.531. Closed today at 5 1/2 up 1/2 on 10,000 volume. daily average vol (3-month) 36.3K float 2.20M Long-term debt/equity 0 Shares short 7,000....short ratio .23 Institutional ownership 12.15% One analysts following southwest securities on 10/21/98 downgraded from buy to speculative buy Earning est for Dec .03 for year .24 for 1999 year .65 Sept 1998 earnings est. was for .13..came in at .03 Last insider buy (that i could find) was on 11/23 10,200 shares bot between 5.75-5.80 Latest news story on 11/10/98 board reconfirmed growth strategy, company plan includes new training software product launches, retail sales growth and puch towards sales to corporations. I will try and find out if they have been having sucess implementing these stratgies along with when dec anouncement will be made. I am new at this so any suggestions will be appreicated. Dm info on SDTI hopefully tonight