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To: jmt who wrote (1275)5/10/1999 9:14:00 AM
From: Ron Bower  Respond to of 1418
 
Namtai's March Q reported $27.1M revs up from $20.1 in the Dec Q. The Dec Q is traditionally a strong Q and Mar Q the weakest due to holidays and other factors. They also indicate strength going forward.

I had expected around $30M and I think it would have been if they could have gotten the Albatronics situation straightened out. They are reporting Albatronics may be liquidated. I believe this to be putting more pressure on the creditors that aren't going along with their proposal.

EPS hit analysts projections of .29

FWIW,
Ron