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VOXX International Corporation Message Board

  • toddB222 toddB222 Jul 2, 2002 9:11 AM Flag


    GAIN from issuance of securities to Toshiba - take that away and your looking at a dismal quarter in terms of profitability although sales was much much better than anticipated - co needs to widen their profit margins to make $$$$$. Those who trade today on the $0.20 number should not ne in the market.

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    • They had an operating loss of 5MM, but the fact that sales are increasing in this market should give the stock a boost. They also said that profits are expected to increase going forward.

      It should not go to 9 or 10 as a wishful poster predicted this morning, but should be up unless the call goes poorly or the market does another swan dive.

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