SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: If only I'd held who wrote (77518)6/2/1999 11:21:00 AM
From: Lane Hall-Witt  Read Replies (2) | Respond to of 119973
 
It doesn't seem that way. The company lost less than $200,000 this quarter, which is impressive given that they're still building out their business infrastructure, in addition to grabbing market share. Gross profits: nearly 50 percent. Last year, the company made 0.04 per share. TURF is now entering a period where it will invest more advertising dollars to grab market share: the two-year deal with AOL kicks off this initiative. So there will be increasing losses. But the company has already demonstrated that it can manage expenses and turn a profit under "mature" operating conditions.