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Re: niz post# 1253

Monday, 08/21/2006 5:43:52 PM

Monday, August 21, 2006 5:43:52 PM

Post# of 1506
And they didn't come anywhere near making a profit, and the 800K loss cited in the NT10q was only off by about 20%.

Have you noticed that French's NT10Q statements are always wrong, and never wrong in a good way?

Sorry, but this one is another pretty ugly result. Even if you discount the almost 600K on Financing costs and mark-to-market adjustments, the expenses went up dramatically vs increase in gross profit.

Good luck. You are going to need it. There is nothing in these numbers that point to anything positive happening anytime soon...