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Re: ToshacH post# 9625

Monday, 01/26/2004 11:54:07 AM

Monday, January 26, 2004 11:54:07 AM

Post# of 91539
from swing board From SENS filings so far...

"Due to a soft summer period, revenues declined during the third quarter to $700,100 but were ahead of last year by $73,250 or 11.7%. Gross Profit was significantly ahead of the prior year by $81,111 with a 9.4% increase in the gross profit returns. The Company anticipates a sharp increase in revenues for the fourth quarter."


So the only reason they weren't profitable last quarter was seasonal, they at least showed an improvement, said halfway into the 4th quarter that there will be a sharp increase in revenues Very nice. And they proven in normal quarters that they can generate profits as well, without forecasting a sharp increase.


More...

"Our asset recovery programs are working and creating new client opportunities that will pay dividends in new business and profitability going forward.
We expect our volumes to grow as the economy picks up and expect the full year to be one of our best ever."


Raw


This is not a reco to buy! Please do your DD!

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