Replies to post #150343 on SwingTrade Member Forum (SWING)

[10 bagger]

HAUP..

"Fiscal 2007 fourth quarter net income was $1,644,263, including a tax benefit of $1,490,689 due to a reduction in the deferred tax asset valuation allowance. Excluding the reduction in the deferred tax asset valuation allowance, the Company recorded net income of $153,574 for the fourth quarter of fiscal 2007, compared to net income of $50,920 for the fourth quarter of fiscal 2006, an increase of approximately 202%. Net income per share for the fourth quarter of fiscal 2007, including the reduction in the deferred tax asset valuation allowance, was $0.17 and $0.16 on a basic and diluted basis. Net income per share, excluding the reduction in the deferred tax asset valuation allowance, was $0.02 on a basic and diluted basis for the fourth quarter of fiscal 2007 compared to net income per share of $0.01 on a basic and diluted basis for the prior year’s fourth fiscal quarter. "

was $0.02 on a basic and diluted basis for the fourth quarter of fiscal 2007 compared to net income per share of $0.01 on a basic and diluted basis for the prior year’s fourth fiscal quarter.

Hank