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Microcap & Penny Stocks : SCOTTS LIQUID GOLD - NYSE sym SGD - Beats OPTIONS! -- Ignore unavailable to you. Want to Upgrade?


To: J R KARY who wrote (217)5/3/1999 2:30:00 PM
From: J R KARY  Respond to of 222
 
10 Q foresees '99 loss but states it has assets to recover.

Why not re-package and re-advertise Touch Of Scent & Alpha-Hydrox ?

Anybody buy a "new" beer lately ? Change the pitch like Beer companies routinely do to overcome product "maturity" . BUD now uses frogs to sell its 100 year old beer.

SGD knows its market best and has shown adaptability in past market declines . Their 10 Q statement:
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" The Company has now experienced five consecutive loss quarters. Based upon year-to-date sales, including sales for April of 1999, management believes that the Company will most likely report a loss for 1999.

The loss is anticipated to result primarily from decreases in sales of alpha hydroxy acid and related products and from on-going expenses which include advertising of the Company's product lines and fixed operating costs and expenses.

Despite this potential loss, the Company expects its available cash and cash flows from operating activities will fund the next twelve months cash requirements. "
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Least expensive recovery would be to work with TOS & A-H to make more marketable .

Annual meeting this week (5/6/99)

Jim K.