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 Microcap & Penny Stocks : Air Methods (airm)


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To: Bald Eagle who wrote (728)10/31/1998 9:50:00 AM
From: Elliot LeplerRead Replies (5) of 877
 
Air Methods will announce quarterly earnings this Thursday the 5th of November. There will be a conference call after the close, at 4:45 PM EST. Telephone number (973) 628 7055

This is the earliest I have ever seen this company report. Hopefully they are in a hurry to release good news.

I just read today that H D Brous is calling for 11 cents for the quarter. That is a little higher than my 8 cent estimate. However it is possible they might reach that number if all the quarter-to-quarter variables align positively.

The variable factors include:
1-weather and its impact on flight hours
2-collections by Mercy of its patient bills
3-maintenance expenses in excess of budget
4-extra expenses related to setting up new programs
5-unusual variations in the manufacturing business i.e the wire harness difficulty

All but the last two are very difficult to predict.

I think I will stick to my 8 cents, but even that number makes the stock very cheap.

Until Thursday.

Elliot
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