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Microcap & Penny Stocks : Hearx(EAR) -- Ignore unavailable to you. Want to Upgrade?

To: Tom Shutters who wrote (355)	3/24/1999 8:36:00 AM
From: Tom Shutters	Respond to of 383

"HEARx Reports Year-End Results" ..."Dr. Brown announced that HEARx Ltd.'s first quarter sales, which do not include HEARx West LLC, could approach $9 million compared to approximately $7.0 million reported in the first quarter last year. This level, combined with cost savings from closing the twelve under-performing centers, could result in the company (exclusive of HEARx West LLC) reporting positive income from operations for the first quarter before depreciation and preferred dividends. In addition, revenues in the HEARx West LLC joint venture continue to develop as projected with breakeven for HEARx West expected in the second quarter. Based on results to date, the combined target for revenues for HEARx LTD. and HEARx West LLC for 1999 is $50 million, which would create a significant positive income from operations before depreciation and preferred dividends for the year."... 1998 net loss was (.13)/ share newsalert.com