Veltex Corporation (VLXC)

[Growth And Value]

Auditors always remove "intercompany sales" when the financial statements are consolidated. Perhaps that is why the 2003 revenue was reduced from 19.99 Million to $15 Million audited.

Anyway, I still believe that Veltex is on the right track with the recent acquisitions. I think the John Daly acquisition will not only provide another revenue and income source, but will also boost Veltex Apparel and Explorer as all of these divisions will be able to sell the extensive John Daly line of clothing and golf accessories.

John Daly is going to try to hit a golf ball from Canada to the U.S. over Niagra Falls next week. I hope his shirt has Veltex written on it !!!!