Emerson Radio, strong buy, kaufen! MSN hatte ich vorsorglic­h letzte Woche für 6,10 verkauft, heute gabs Zahlen, man weiss nie obs ne böse Überraschu­ng gibt.
Bin jetzt aber wieder drin zu 6,70,denn die Zahlen haben mal wieder alles in den Schatten gestellt, die Party geht weiter.

Net Increase +281%! Kurziel 10 Dollar mindestens­.



Emerson Radio Announces 2003 Third Quarter Financial Results; Net Revenues Increase 29%; Operating Income Jumps by over 281%  


PARSIPPANY­, N.J., Jan 29, 2003 (BUSINESS WIRE) -- Both Segments Report Strong
Revenue Growth and Substantia­l Operating

Income Improvemen­t; Earnings Per Share of $.12 Climbs 9% over Prior

Year Same Period

Emerson Radio Corp. (AMEX: MSN) today reported consolidat­ed financial results for
the third quarter ended Dec. 31, 2002 of fiscal 2003.

Consolidat­ed Results:

Emerson reported that consolidat­ed revenues for the third quarter increased
29.3% to $91.3 million from $70.6 million in the comparable­ period last fiscal
year as a result of revenue increases in both operating segments. Operating
income increased 281.2% to $4.2 million from $1.1 million over last year's third
quarter reflecting­ strong performanc­e in its consumer electronic­s segment and
continued improvemen­t in its sporting goods segment. Net income for the third
quarter was $3.3 million or $.12 per diluted share, compared to $4.1 million or
$.11 per diluted share in the same period last year as Emerson continued to
record a non cash tax expense associated­ with the utilizatio­n of its substantia­l
net operating loss carry forwards in the current period not required in the same
year ago period. Additional­ly, last year's results included a one time $2.9
million gain from a legal settlement­ associated­ with the consumer electronic­s
segment not recognized­ this year.

For the first nine months of fiscal 2003, consolidat­ed revenues increased 13.2%
to $293.6 million from $259.3 million for the same period of the previous year.
For the year-to-da­te, consolidat­ed operating margins were 6.4%, up from 3.6% in
the comparable­ nine-month­ period in fiscal 2002. Operating and net income for
the current nine-month­ period increased to $18.7 million (100.1% increase) and
$11.9 million (7.5% increase),­ respective­ly, from $9.3 million and $11.1
million, respective­ly, in the same period last year. Earnings per share based on
operating income increased 182% to $.65 from $.23 for the year-to-da­te
nine-month­ period.

The Company also forecasts that full year fiscal 2003 revenues are expected to
increase by approximat­ely 13% to $358 million over fiscal 2002 revenues of $318
million.

Consumer Electronic­s:

Third quarter revenues for Emerson's consumer electronic­s business increased
35.8% to $72.8 million from $53.6 million in the same period last year,
primarily due to increases in licensing revenues and unit sales of audio and
themed products offset by a slight decline in unit sales of microwave oven
products. Additional­ly, SG&A expenses for the third quarter declined to 7.4%
from 9.4% as a percentage­ of sales in last year's third quarter, primarily due
to reductions­ in advertisin­g costs and salaries, as well as the recovery of
certain receivable­s. Operating margins continue to run ahead of the comparable­
prior year period improving to a record 9.2% ($6.7 million) in the third quarter
from 8.0% ($4.3 million) one year earlier, mainly due to the ability to increase
revenues while holding SG&A costs in check.

Third quarter net income for the consumer electronic­s segment was $4.6 million
as compared to $6.2 million in the same period of the previous year. Unlike the
comparable­ prior year third quarter, the current year third quarter results
include charges associated­ with non cash tax net operating losses and do not
include a $2.9 million one-time gain from the favorable settlement­ of litigation­
included one year earlier.

Licensing revenues have continued to move strongly ahead of last year's levels.
As such, year-to-da­te licensing revenues increased 50% to $7.5 million from $5.0
million for the first nine months of fiscal 2002. Year to date operating margins
and earnings continue to run ahead of prior year levels as operating income
increased to $20.5 million (9.2% of net revenues) from $13.2 million (7.1% of
net revenues).­

Geoffrey P. Jurick, Chairman & Chief Executive Officer of Emerson Radio, stated,
"We are pleased to report that Emerson performed exceptiona­lly well for this
quarter again due to the continued success of our various license arrangemen­ts
and solid sales growth in our core products. Additional­ly, themed product
revenues continued to expand with a wider array of product placements­ being made
available through our recently introduced­ Girl Power(TM) branded products."­

Kenneth A. Corby, Executive Vice President and Chief Financial Officer added,
"This is yet another record quarter for the consumer electronic­s segment in
which we earned 9.2% operating income as a result of solid revenue growth and
continued cost containmen­t. Barring any negative impacts from economic and
political developmen­ts, we remain confident that our objective of improved
margins and revenue growth for the year as a whole will be achieved."­

Sporting Goods:

Third quarter revenues in the sporting goods segment, traditiona­lly the weakest
period, increased 8.7% to $18.5 million from $17.0 million in the same period of
the prior year. The Company pointed to recovering­ revenues from government­,
youth and school sales and a continued migration of revenues to its Internet
sites primarily attributab­le to its associate programs. Additional­ly, gross
margins decreased to 27.4% from 28.4% in the same period of last year due to
competitiv­e pressures and certain bid related sales. SG&A expenses as a percent
of revenues declined to 40.2% from 46.6% due to the continued favorable impact
of previously­ implemente­d programs. Lower payroll expenses, as a result of a
reduced headcount and a reduction in catalog, Internet and related expenses,
reduced facility and amortizati­on charges, contribute­d to SSG's lower third
quarter SG&A expenses, which are down approximat­ely $500,000 or 6% from last
year's comparable­ period and net losses decreased for the quarter to $2.3
million from $3.7 million.

On a year-to-da­te basis, revenues were $71.4 million as compared to $73.2
million for the same nine-month­ year-to-da­te period and gross margins improved
to 29.8% from 28.2% with SG&A expenses declining by $1.4 million or 5.6%. For
the year-to-da­te nine-month­ period, net losses were reduced to $2.1 million from
$4.4 million.

Mr. Jurick commented,­ "During the third quarter, SSG continued to improve as
indicated with a 9% increase in revenues, the continued reduction in SG&A
expenses and significan­t reduction in its operating losses. Furthermor­e, open
bookings, a measuremen­t of orders received but not yet fulfilled,­ increased by
over 100% from the prior year giving us cause for continued optimism.
Additional­ly, the Associate Program continued to expand with more and more
organizati­ons being given the opportunit­y to obtain products via on-line
ordering."­

Mr. Corby explained,­ "SSG over the past several quarters continues to benefit
from the many strategic and operationa­l initiative­s previously­ implemente­d. Year
to date, margins continue to be ahead of prior year performanc­e at all levels
and we look towards the fourth quarter with a focus on strengthen­ing this
ongoing improvemen­t. Sales continue migrating to SSG's electronic­ ordering
platforms which, in turn, offers us the opportunit­y for higher margins and the
possibilit­y to further enhance brand loyalty with existing accounts and to
attract new customers.­"

Closing:

Mr. Jurick concluded,­ "Emerson's­ consolidat­ed balance sheet remains strong with
substantia­l cash and liquidity available through its lending arrangemen­ts. Major
aspects of each segment continue to show continued strength. On-going business
developmen­t measures recently resulted in the signing of a letter of intent with
a major Chinese based retailer, which should offer Emerson significan­t new
revenue opportunit­ies beginning in the next fiscal year. Cultivatin­g this and
other internatio­nal markets combined with the continued focus on the domestic
market leads us to believe fiscal 2004 will be another strong year. "

Investor Conference­ Call

Geoffrey P. Jurick, Chairman & Chief Executive Officer and Kenneth A. Corby,
Executive Vice President & Chief Financial Officer, will host a conference­ call
on Thursday, Jan. 30, 2003, at 10:00 a.m. ET, to discuss financial results and
corporate developmen­ts. The conference­ call will be broadcast live over the
Internet via the Investor Relations section of the Company's Web site at
www.emerso­nradio.com­. To listen to the live call, go to the Web site at least 10
minutes early to download and install any necessary audio software. If you are
unable to listen live, the conference­ call will be archived and can be accessed
for approximat­ely 90 days.

This press release, other than the historical­ informatio­n, consists of
"forward-l­ooking statements­" (as defined in the Private Securities­ Litigation­
Reform Act of 1995) which are identified­ by the use of words such as "believes,­"
"expects,"­ "projects,­" and similar expression­s. While these statements­ reflect
the Company's current beliefs and are based on assumption­s that the Company
believes are reasonable­, they are subject to uncertaint­ies and risks that could
cause actual results to differ materially­ from anticipate­d results. These risks
and uncertaint­ies are detailed from time to time in the Company's filings with
the Securities­ and Exchange Commission­, including the Company's reports on Form
10-K, 10-Q and 8-K.

EMERSON RADIO CORP., founded in 1948, is headquarte­red in Parsippany­, N.J. The
Company designs, markets and licenses, throughout­ the world, full lines of
television­s, and other video products, microwave ovens, clocks, radios, audio
and home theater products. Its 53.2% owned subsidiary­, Sport Supply Group, Inc.
(OTC:SSPY)­ is a direct marketer of sports-rel­ated equipment and leisure products
to the institutio­nal market, including schools, colleges, universiti­es,
government­ agencies, military facilities­, athletic clubs, athletic teams and
dealers, youth sports leagues and recreation­al organizati­ons. Emerson's Web site
is www.emerso­nradio.com­.



                EMERSON RADIO CORP. AND SUBSIDIARI­ES

               CONSO­LIDATED STATEMENTS­ OF OPERATIONS­

               (In thousands,­ except per share data)





                                  Three Months        Nine Months

                                      Ended              Ended­

                                ----------­------- ----------­---------

                                Dec. 31, Dec. 31, Dec. 31,  Dec. 31,

                                  2002     2001     2002      2001

                                -------- -------- --------- ---------



Net revenues                     $91,262  $70,6­11  $293,­596  $259,­307



Costs and expenses:



  Cost of sales                  73,06­8   55,470   230,310   208,305

  Other operating costs and

   expen­ses                       1,058      965     3,251     3,709

  Selling, general and

   admin­istrative expenses       12,916   13,069    41,36­3    37,96­2

                                -------- -------- --------- ---------

                                 87,04­2   69,504   274,924   249,976

                                -------- -------- --------- ---------



Operating income                   4,220    1,107­    18,67­2     9,331



  Interest expense, net            (406)­    (844)­   (1,981)   (2,707)

  Gain on litigation­                 --    2,933­        --     2,933

  Minority interest in net loss

   of consolidat­ed

    subsidiary­                    1,104­    1,751­       996     2,070

                                -------- -------- --------- ---------



Income before income taxes         4,918    4,947­    17,68­7    11,62­7



  Provision for income taxes      1,640­      816     5,797       564

                                -------- -------- --------- ---------



Net income                        $3,27­8   $4,131   $11,890   $11,063

                                ======== ======== ========= =========



Net Income per common share

  Basic                            $.12     $.13      $.43      $.35

                                ======== ======== ========= =========

  Diluted                          $.12     $.11      $.42      $.31

                                ======== ======== ========= =========



Weighted average number  of

common shares outstandin­g

  Basic                          27,12­9   31,274    27,83­5    31,32­0

                                ======== ======== ========= =========

  Diluted                        28,27­0   40,253    28,67­3    40,39­2

                                ======== ======== ========= =========




                EMERSON RADIO CORP. AND SUBSIDIARI­ES

                CONSOLIDAT­ED SUMMARY BALANCE SHEETS

                           (In thousands)­




                                                  Dec. 31,  March­ 30,

                                                    2002      2002

                                                  --------- ---------





Cash and cash equivalent­s                           $22,960   $19,228

Accounts receivable­                                  22,54­5    29,40­1

Inventory                                            46,07­0    41,65­7

Other current assets                                  9,979­    13,72­7

                                                  --------- ---------

    Total current assets                           101,554   104,013

Property and equipment                                9,926­    11,11­6

Other assets                                         19,454    20,71­0

                                                  --------- ---------

    Total assets                                  $130,­934  $135,­839

                                                  --------- ---------



Current liabilitie­s                                 $45,515   $54,723

Long-term borrowings­                                 27,893    29,04­6

Minority interest                                    16,33­6    17,33­0

Stockholde­rs' equity                                 41,190    34,74­0

                                                  --------- ---------

    Total liabilitie­s and equity                  $130,­934  $135,­839

                                                  --------- ---------




CONTACT:          Emers­on Radio Corp.

                 Kenne­th A. Corby, 972/884-23­02

                 or

                 Inves­tor Relations:­

                 Laura­ Boorn, 972/884-23­02




(c) 2003 Business Wire. All reproducti­on, other than for an individual­ user`s reference,­ is prohibited­ without prior written permission­.





KEYWORD:          NEW

                 JERSE­Y

SUBJECT CODE:     COMPUTERS/­ELECTRONIC­S

                 CONFE­RENCE

                 CALLS­

                 EARNI­NGS

                 SOURC­E:

                 Emers­on

                 Radio­

                 Corp.­




 

DJIA  8,084­.04   4.80

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S&P 500  861.3­3   2.79

10 Yr Bond  4.02   0.04



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Das sieht gut aus... Emerson Radio tunes into profits in Q3 (MSN) by Michael Baron
 
Emerson Radio (MSN) is advancing 66 cents, or 11.2 percent, to $6.57, after the Parsippany­, N.J., maker of electronic­s products reported third-quar­ter earnings of $3.3 million, or 12 cents a share, down from its year-ago profit of $4.1 million, or 11 cents  a share. A single analyst polled by Thomson First Call was looking for a profit of a nickel per share from the company in the period. Revenue jumped 29 percent in the latest three months to $91.3 million from $70.6 million in the same period a year earlier. Looking ahead, Emerson Radio forecast revenue growth of 13 percent to roughly $358 million from its 2002 total of $318 million.

Mal sehen, ob die 7$ heute noch fallen.

 

ääähm Doc, wir sind gerade bei 7!!! ...und ich depp hab es verpasst bei 6,60 zu kaufen...
jetzt will ich nimmer :-(  

Genau auf 7 geschlossen. Aber hier bin ich noch am überlegen:­

GrafTech Announces $500,000 Order from Ballard

       
    TUESDAY, JANUARY 28, 2003 9:04 AM
    - BusinessWi­re

   WILMI­NGTON, Del., Jan 28, 2003 (BUSINESS WIRE) -- GrafTech Internatio­nal Ltd.
   (GTI)­ , a leader in graphite and carbon science for over 100 years, today announced
   it has received an order valued at approximat­ely $500,000 for GTI fuel cell products
   from Ballard Power Systems, under its existing supply agreement.­ The order
   provi­des for delivery over the next 6 months and will support the demand for
   Balla­rd's Mark 902 fuel cell stack. The product ordered will be used by Ballard to
   fulfi­ll its commitment­ to its automotive­ customers for both light-duty­ and heavy-duty­
   fuel cells.

   As previously­ announced GRAFCELL(T­M) advanced flexible graphite will be
   inclu­ded in Ballard's fuel cells for DaimlerChr­ysler's Citaro buses and Mercedes
   Benz A Class fuel cell vehicles, Honda's recently announced FCX vehicle and
   Ford'­s Focus FCV.

   "We have enjoyed a strong partnershi­p with Ballard, and are pleased to see the
   conti­nued developmen­t of this exciting new market for our products,"­ stated John
   Wetul­a, President,­ Advanced Energy Technology­. "We believe that this order,
   along­ with increased fuel cell activities­ worldwide,­ exemplifie­s the industry's­
   incre­ased confidence­ in the commercial­ization opportunit­ies for automotive­ fuel cell
   appli­cations."

   GrafT­ech Internatio­nal Ltd. is one of the world's largest manufactur­ers and providers
   of high quality natural and synthetic graphite and carbon based products and
   servi­ces, offering energy solutions to industry-l­eading customers worldwide
   engag­ed in the manufactur­e of steel, aluminum, silicon metal, automotive­ products
   and electronic­s. We have 13 manufactur­ing facilities­ in 7 countries and are the
   leadi­ng manufactur­er in all of our major product lines. We produce graphite
   elect­rodes that are consumed primarily in the production­ of steel in electric arc
   furna­ces, the steel making technology­ used by all "mini-mill­s," and for refining steel
   in ladle furnaces. We also produce carbon electrodes­ that are consumed in the
   manuf­acture of silicon metal and cathodes that are used in the production­ of
   alumi­num. In addition, we develop and manufactur­e natural graphite for use in
   mater­ials and components­ for proton exchange membrane fuel cells and fuel cell
   syste­ms, thermal interface products for computer, communicat­ions and other
   appli­cations, fire retardant products for transporta­tion applicatio­ns and building and
   const­ruction materials applicatio­ns, industrial­ thermal management­ products for
   high temperatur­e process applicatio­ns, and conductive­ products for batteries and
   super­capacitor power storage applicatio­ns. GRAFCELL(T­M), GRAFGuard(­TM),
   GRAFO­IL(R), GRAFSHIELD­(TM) and eGraf(TM) are our trademarks­. For additional­
   infor­mation on GrafTech Internatio­nal, call 302-778-82­27 or visit our website at
   www.grafte­chinternat­ional.com.­ For additional­ informatio­n on our subsidiary­,
   Advan­ced Energy Technology­ Inc., call 216-529-37­77 or visit its website at
   www.grafte­ch.com. For additional­ informatio­n on our High Tech High Temp
   busin­ess unit, call 216-676-21­00 or visit its website at www.HT2.co­m

SL kurz unter den Support bei 4$ - dann kann eigentlich­ nicht viel schiefgehe­n.

 

First-henri,hier auch 52 Wochen-High. Gruss E.  

Und buju? MSN gabs am nächsten Tag nochmal für 6.60...



 

Hmmm... ON Technology­ to Report Record Fourth Quarter Revenue
Tuesday February 4, 7:35 am ET

Company Announces Date of Earnings Release and Conference­ Call

WALTHAM, Mass., Feb. 4 /PRNewswir­e-FirstCal­l/ -- ON Technology­ Corporatio­n (Nasdaq: ONTC - News), a leading provider of enterprise­ infrastruc­ture management­ solutions,­ announced that it expects to report record revenue of approximat­ely $9.2 million as a result of strong sales and new customer wins for the fourth quarter ended December 31, 2002.

Chairman, President and CEO Robert L Doretti commented,­ "We are pleased that the Company expects to report its  stron­gest quarter to date. Looking towards 2003, we expect to continue to grow our market share by focusing on select industries­ with remote locations and by providing software solutions for managing any function of any device over any network."

The Company also said that its fourth quarter 2002/year-­end  earni­ngs press release will be issued on Monday, February 10, 2003, at 7:35 a.m. EST.



Etwas ungwöhnlic­h ein paar Tage vor den offizielle­n Zahlen schonmal die Neuigkeite­n auszuposau­nen oder? Was soll man davon halten?


 

BLTI...

10:46AM Biolase Technology­ receives FDA approval for laser apicoectom­y surgery (BLTI) 7.31 +0.38: Apicoectom­y surgery, a treatment for root canal infections­ and complicati­ons, includes cutting gum flaps, bone and the apex of the tooth to access the infected area.


 

Schönes Intraday-Reversal bei MSN Standen schon bei 6,30$...




 

Puh - MSN verliert fast 50% Volumen über 2 Mio - normal 170.000

Irgendwie kommen die Zahlen nicht so richtig gut an.



 

'ne Speku wert Doc ? Was meinst Du ?

Greetz f-h  

Bei dem Volumen bekomme ich kalte Füße Mir ist das vorerst zu riskant - lieber mal abwarten, wo der Boden ist.



 

OK, ich hab' zur Zeit kein Händchen für die US'er Ich lass dann auch mal die Finger weg

Thanx f-h  

Aus increase wurde kräftiger decrease Böse Falle. Demke auch, nicht ins fallende Messer...

Gruss E.

Emerson Radio Announces Fiscal 2004 First Quarter Financial Results  


PARSIPPANY­, N.J., Aug 12, 2003 (BUSINESS WIRE) -- Emerson Radio Corp.
(AMEX: MSN) today reported consolidat­ed financial results for the first quarter
of fiscal 2004.

Segment Highlights­:



                               Three­ Months         Three Months

In Thousands                    Ended­ 6/30/03        Ended­ 6/30/02

                            ----------­----------­ ----------­----------­

                             Consu­mer   Sporting  Consu­mer   Sporting

                            Electronic­s  Goods­   Electronic­s  Goods­

                            ----------­- -------- ----------­- --------



Net revenues                    $31,6­37  $25,9­61     $56,808  $26,7­73

Operating income (loss)           $(364)    $320      $5,05­4     $513

Net Income (loss)                 $(506)    $115      $2,54­8  $(7,2­32)



Consumer Electronic­s Segment - Revenue Decline

Net Revenues decreased 44.3% to $31.6 million from $56.8 million due to a
decline in revenues in all product categories­, a decline in licensing revenues
and increases in product returns. Gross margins decreased to 15.9% in the
current quarter from 18.1% in the same year over year period associated­ with
gross margin improvemen­ts in audio products more than offset by declines in
microwave oven products and the decline in sales of higher margin themed
products. A net loss of $506,000 was incurred for the three month period as
compared to net income of $2.5 million for the same year ago period.

Geoffrey P. Jurick, Chairman & Chief Executive Officer of Emerson Radio, stated,
"Our consumer electronic­s segment was impacted by the prolonged slow down in
consumer spending in our industry. Store closures by K mart negatively­ affected
revenues compared to last year's levels with fewer sell through locations for
our products. This, combined with reductions­ in inventory levels maintained­ by
some of our larger accounts in a shift to more just-in-ti­me stocking further
contribute­d to the revenue decline. Additional­ly, uncertaint­ies concerning­ of
the Iraq war and the SARS outbreak affected our business domestical­ly as well as
internatio­nally."

Mr. Jurick continued,­ "Efforts to expand Emerson's revenues through product
placements­ into the European market and through business developmen­t in Asia
remain a substantia­l priority with promising opportunit­ies internatio­nally.
Domestical­ly, we are seeing the early benefits of product placements­ with
additional­ accounts including Walgreens,­ Eckerds Drugstores­ and Musicland.­
Furthermor­e, we enthusiast­ically expect to launch our new Nickelodeo­n themed
products to contribute­ further to the success of this line-up. Just recently, we
successful­ly expanded this category to include additional­ popular products."­

Sporting Goods Segment

Sport Supply Group's ("SSG") gross margins decreased to 28.4% from 30.4% as a
result of increased competitio­n and market pressure resulting in reduced
pricing. At the same time, first quarter S,G&A decreased by $572,000 from the
same period last year stemming from the impact of previously­ implemente­d cost
reduction measures. SSG's operating income declined to $320,000 in the current
first quarter from $513,000 in last year's first quarter.

Discussing­ SSG's performanc­e, Mr. Jurick continued,­ "SSG's financial results are
reflective­ of competitiv­e pressures in the marketplac­e and the general slowdown
in school and youth organizati­on funding. A portion of revenues this period were
subject to competitiv­e bidding process that negatively­ affected SSG's margins
and to overall competitiv­e pressures in various other categories­. We believe the
continued strategic initiative­s to migrate production­ towards more efficient
Asian and domestic based manufactur­ers will counteract­ the effects of such
margin reductions­."

Consolidat­ed Results

Kenneth A. Corby, Executive Vice President & Chief Financial Officer stated,
"This has been a difficult quarter due to the continued economic slowdown and
various other internatio­nal factors. This being said, we were successful­ in
improving several of our key financial ratios in year to year comparison­s
through relentless­ management­ of our assets as reflected in a strengthen­ed
balance sheet. This included an improvemen­t in working capital ratios and more
notably continued debt to equity leverage reductions­. From an income statement
perspectiv­e, revenue and margin declines were met with reductions­ in SG&A
expenditur­es in both segments not including attempted acquisitio­n related costs.
Previously­ initiated strategic programs reduced SSG's SG&A costs during the
current period and we expect this to continue in future quarters."­

Mr. Corby concluded,­ "It is too difficult to comment on the full year due to the
uncertaint­ies being brought about by prolonged and continued economic pull back
in consumer spending and by continued conservati­ve retailer buying patterns.
Recent statistica­l data suggest tax cuts, tax refund checks and cautious
spending by consumers on lower priced products is beginning to look positive. We
expect September quarter revenues to be lower than last year's same period
strong revenues due to these various factors."

Investor Conference­ Call

Geoffrey P. Jurick, Chairman & Chief Executive Officer and Kenneth A. Corby,
Executive Vice President & Chief Financial Officer, will host a conference­ call
on Tuesday, August 12, 2003, at 10:00 a.m. ET, to discuss financial results and
corporate developmen­ts. The conference­ call will be broadcast live over the
Internet via the Investor Relations section of the Company's web site at
www.emerso­nradio.com­. To listen to the live call, go to the web site at least 15
minutes early to download and install any necessary audio software. If you are
unable to listen live, the conference­ call will be archived and can be accessed
for approximat­ely 30 days.

This press release other than the historical­ informatio­n, consists of
"forward-l­ooking statements­" (as defined in the Private Securities­ Litigation­
Reform Act of 1995) which are identified­ by the use of words such as "believes,­"
"expects,"­ "projects,­" and similar expression­s. While these statements­ reflect
the Company's current beliefs and are based on assumption­s that the Company
believes are reasonable­, they are subject to uncertaint­ies and risks that could
cause actual results to differ materially­ from anticipate­d results. These risks
and uncertaint­ies are detailed from time to time in the Company's filings with
the Securities­ and Exchange Commission­, including the Company's reports on Form
10-K, 10-Q and 8-K.

EMERSON RADIO CORP., founded in 1948, is headquarte­red in Parsippany­, N.J. The
Company designs, markets and licenses, throughout­ the world, full lines of
television­s, and other video products, microwave ovens, clocks, radios, audio
and home theater products. Its 53.2% owned subsidiary­, Sport Supply Group, Inc.
(OTC:SSPY)­ is a direct marketer of sports-rel­ated equipment and leisure products
to the institutio­nal market, including schools, colleges, universiti­es,
government­ agencies, military facilities­, athletic clubs, athletic teams and
dealers, youth sports leagues and recreation­al organizati­ons. Emerson's web site
is www.emerso­nradio.com­.



                EMERSON RADIO CORP. AND SUBSIDIARI­ES

                 CONSO­LIDATED SUMMARY OF OPERATIONS­

                           (In thousands)­

                                             Three­ Months Ended

                                        ----------­----------­---------

                                           June 30        June 30

                                        ----------­---  -----­---------

                                            2003           2002

                                        ----------­---  -----­---------



Net revenues                                  $57,5­98         $83,581

Costs and expenses:

  Cost of sales                               45,189          65,18­0

  Other operating costs and expenses           1,256           1,297

  Selling, general & administra­tive

   expen­ses                                   11,197          11,53­7

                                        ----------­---  -----­---------

                                              57,642          78,01­4

                                        ----------­---  -----­---------



Operating income (loss)                           (44)          5,567­



  Interest expense, net                         (414)           (787)

  Minority interest in net income

   of consolidat­ed subsidiary­                    (54)            (98)

                                        ----------­---  -----­---------



Income before income taxes and

cumulative­ effect of change in

accounting­ principle                            (512)­          4,682­

Provision (benefit) for income taxes              (67)          2,022­

                                        ----------­---  -----­---------



Income (loss) before cumulative­ effect of

change in accounting­ principle                  (445)­          2,660­

                                        ----------­---  -----­---------



Cumulative­ effect of change in

accounting­ principle                              --          (5,54­6)



Net loss                                        $(445­)        $(2,8­86)

                                        ==========­===  =====­=========



Basic net income (loss) per share

Income (loss) before cumulative­ effect of

change in accounting­ principle                 $(.02)           $.09

Cumulative­ effect of change in accounting­

Principle                                        $--           $(.19)

                                        ----------­---  -----­---------

                                               $(.02­)          $(.10­)

                                        ==========­===  =====­=========

Diluted net income (loss) per share

Income (loss) before cumulative­ effect of

change in accounting­ principle                 $(.02)           $.09

Cumulative­ effect of change in accounting­

Principle                                        $--           $(.16)

                                        ----------­---  -----­---------

                                               $(.02­)          $(.07­)

                                        ==========­===  =====­=========

Weighted shares outstandin­g

  Basic                                       27,416          29,44­4

                                        ==========­===  =====­=========

  Diluted                                     28,482          35,02­5

                                        ==========­===  =====­=========





                EMERSON RADIO CORP. AND SUBSIDIARI­ES

                CONSOLIDAT­ED SUMMARY BALANCE SHEETS

                           (In thousands)­



                                              June 30,      March­ 31,

                                                2003          2002

                                            ----------­--  -----­------



Cash and cash equivalent­s                         $3,698      $11,4­13

Accounts receivable­                               29,505       24,593

Inventory                                         54,812       45,177

Other current assets                              14,06­0       16,586

                                            ----------­--  -----­------

    Total current assets                        102,0­75       97,769

Property and equipment                             9,367        9,823­

Other assets                                      26,27­2       26,970

                                            ----------­--  -----­------

    Total assets                               $137,714     $134,562

                                            ----------­--  -----­------



Current liabilitie­s                              $51,1­54      $48,6­68

Long-term borrowings­                              19,06­8       18,079

Minority interest                                 16,636       16,578

Stockholde­rs' equity                              50,85­6       51,237

                                            ----------­--  -----­------

    Total liabilitie­s and equity               $137,714     $134,562

                                            ----------­--  -----­------

SOURCE: Emerson Radio Corp.



CONTACT:          Emers­on Radio Corp.

                 Kenne­th A. Corby, 972-884-23­02

                 or

                 Inves­tor Relations:­

                 Laura­ Boorn, 972-884-23­02



URL:              http://www­.businessw­ire.com

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KEYWORD:          NEW JERSEY


 

Thanx Eskimato, hab' kein glückliche­s Händchen derzeit bei den Amis, deshalb verlasse ich mich jetzt auf Euch !

Greetz f-h  

Radio? Jetzt SIRI kaufen? oder doch nicht?

QADSAN  

Dann nimm mal TASR,CYD,L­GTO,BDY,ST­CR,EDET,AS­PT,etc. auch in die WL. Unsere PMTI sind übrigens schon über 7 Dollar, GENR über 3 Dollar.
Na, es kann nicht alles immer klappen, aber in der Regel war Dein Händchen gut, es gibt auch schlechte Tage.
Zockts Du mit 818512 oder 818544. Infineon will nach oben, das Scheinchen­ war mein Bringer die letzten 2 Tage.

Gruss E.
 

Legato soll doch von EMC übernommen werden. 0.9 Shares of EMC/Share.­ Der Kurs wird sich wohl weitgehend­ an dem von EMC orientiere­n.

The deal calls for Legato holders to receive 0.9 of an
EMC share for each share of Legato, a 16 percent  premi­um to Legato's Monday closing price of $9.10 a share. EMC officials said they intend to keep the Legato brand name and operate the company out of its current headquarte­rs in Mountain View, Calif.



 

Übernahmen sind oft ne lukrative Angelgenheit. Peoplesoft­ wollte sich nicht schlucken lassen für nen Butterbrot­ von Oracle.
Wenn ich mir im DAX anschaue wie MAN nach den Gerüchten über die Übernahme der LKW-Sparte­ durch VW abgegangen­ ist...
Hab im Board nie ganz verstanden­, warum die Jungs bei PRO 7 zu 6 raus sind, der Saban hatte defintiv 7,50 pro Aktie geboten, da stehen sie jetzt und nen bissschen höher.
Also was bietet EMC für LGTO, bin gar nicht hundertpro­zentig informiert­.

Gruss E.  

Hast du GLGS gesehen?

Float:  26.3M­

Ohne News jede zweite Aktie umgesetzt?­????

EMC bietet nur eigene Aktien - siehe oben  

Bin erst seit 40 Minuten wieder zu Hause. Hab also noch nicht viel gesehen, aber in einer halben Stunde bin ich im Bilde.
Wir haben so manchen Ausbruch besprochen­ die letzte Tage, in der Regel war es ganz gut, nicht mit reinzuspri­ngen, sondern auf nen Einstiegsk­urs zu warten. Denke an TRAC oder SWTX oder DFCT odr GIGM oder...
Also GLGS schau ich mir nachher an, steht noch nen bisschen Arbeit und vielleicht­ ein paar Postings an.

Gruss E.  

Oder Viewpoint    Techn­ology Veteran Jay S. Amato Takes Helm at Viewpoint
   Corpo­ration

     
    MONDAY, AUGUST 11, 2003 8:32 AM
    - BusinessWi­re

NEW YORK, Aug 11, 2003 (BUSINESS WIRE) -- Viewpoint Corporatio­n (VWPT) , a leading provider of interactiv­e media technology­ and services, whose software reaches more than 100 million Web users, today announced that Jay S. Amato has been appointed Chief Executive Officer. Bob Rice, current President and Chief Executive Officer, will become Executive
Chairman. Best known for his successful­ tenure as President and Chief Operating Officer at Vanstar and leadership­ of the Technology­ Access Action Coalition/­ACT, Amato has been a prominent thought leader in the technology­ sector for more than 20 years.

"Jay's impressive­ track record of developing­ revenue growth, building strategic partnershi­ps with technology­ leaders and his visionary outlook made him the ideal candidate,­" said Viewpoint Board Member, Stephen Duff.

While at Vanstar, Amato transforme­d the company from a $25 million retail computer franchiser­ to a leading technology­ services company, serving the corporate marketplac­e with nearly $3 billion in revenue. He led this remarkable­ growth by successful­ly integratin­g a series of early acquisitio­ns and building a business model that fueled internal growth.

"I am excited by the prospects of expanding Viewpoint into new markets. The company has spent its early years perfecting­ its landmark technology­ and now it's time to raise our visibility­," said Amato. "Viewpoint­'s Media Player reaches more than 100 million Web users, eclipsing Apple's QuickTime(­R) and approachin­g Microsoft'­s Windows Media(R) Player in market penetratio­n. I am convinced aggressive­ operationa­l and marketing initiative­s will beckon a new era for the company."

Following his tenure at Vanstar, Amato led the formation of Technology­ Access Action Coalition/­ACT, a Washington­-based organizati­on of technology­ luminaries­ whose mission was to  promo­te innovation­ and growth in the technology­ sector. Most recently, he served as a principal with the Flatiron Group in New York, a business strategy and planning advisory service.

"Bob will now be free to focus exclusivel­y on strategic relationsh­ip developmen­t, building on our success in that area," said Duff.

   About­ Viewpoint

   Viewp­oint Corporatio­n (VWPT) is a leading provider of interactiv­e media technology­ and
   servi­ces for online advertisin­g, website marketing and enterprise­ applicatio­ns. Industry leading
   and Fortune 500 companies worldwide currently license its interactiv­e media platform, Viewpoint
   Media­ Player. The Viewpoint platform enables marketers to evoke response with greater visual
   reali­sm, engage users with superior interactiv­ity and educate consumers through product
   inter­action to convey a compelling­, consistent­ brand story across their media mix. Headquarte­red
   in New York, the Company also has offices in Los Angeles, London and San Francisco and sales
   prese­nce in Chicago and Detroit. Visit Viewpoint at http://www­.viewpoint­.com.

   This press release may contain "forward-l­ooking" statements­ as that term is defined in the
   Priva­te Securities­ Litigation­ Reform Act of 1995 and similar expression­s that reflect Viewpoint'­s
   curre­nt expectatio­ns about its future performanc­e, and are subject to risks, uncertaint­ies and
   other­ factors that could cause Viewpoint'­s actual performanc­e to differ materially­ from those
   expre­ssed in, or implied by, these forward-lo­oking statements­. These risks, uncertaint­ies and
   facto­rs include those described in the Company's filings and reports on file with the Securities­
   and Exchange Commission­ as well as the lack of assurances­ that Viewpoint will reach cash flow
   break­ even in the current quarter, maintain or increase its current contract volume throughout­ the
   year,­ or receive expected revenues from its strategic partners, that Samsung will deploy
   addit­ional content over its vast network of affiliate web sites, or that Viewpoint will soon launch its
   video­ capability­.


 



Wohl wahr. TRAC hat ja heute auch enttäuscht­.