The Motley Fool Discussion Boards

Previous Page

Stocks L / Lannett Company

URL:  http://boards.fool.com/betty-i-didnt-read-the-forbes-article-but-was-21580915.aspx

Subject:  Re: LCI what's up Date:  11/9/2004  6:45 PM
Author:  gliberty Number:  55 of 71

Betty, I didn't read the Forbes article, but was not impressed by the earnings report. Their sales were up slightly, but they had very large increases in expenses for selling and administration, R&D, and plant and equipment.
I hope the R&D gets some new products on the market quick. I have owned the stock for awhile, and am disappointed in this years performance. Don't know what to think about management.
The 4 million shares they gave for a marketing arrangement had a dilution impact on the earnings per share. Hopefully it will pay off.
I might be a buy at this price.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us