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Stocks L / Lannett Company


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.
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