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Re: researcher59 post# 16816

Thursday, 07/21/2005 10:55:23 AM

Thursday, July 21, 2005 10:55:23 AM

Post# of 173904
Researcher, just a quick note on SODI. It looks like a portion of their earnings came from a one-time source:

7. OTHER INCOME:

During the fiscal quarter ended May 31, 2005, the Company settled approximately
$341,000 of debt obligations to unsecured creditors at a discount. The Company
has recognized approximately $69,000 of other income as a result of these
settlements. This $69,000 of other income is a major component of the $77,000 of
other income reflected in the condensed consolidated statements of income for
the quarter ended May 31, 2005.

Still looks cheap.....
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