West palm beach, fla., nov. 12 (PRIMEZONE) — Ocwen Financial Corporation (NYSE: OCN - News) today reported a net loss in the third quarter of 2002 of $ (4.0) million or $ (0.06) per share compared to a net loss of $ (72.9) million or $ (1.08) per share in the third quarter of 2001. For the nine months ended September 30 the Company reported a net loss of $ (58.7) million or $ (0.87) per share compared to a net loss of $ (117.9) million or $ (1.75) per share in the same period of 2001.
I just found this report. Could we be "actually" winning and running Ocwen out of business? Is this dream possible? Somewhere in these reports, someone said that in Florida a company had to make a profit, if not they would be shut down. Well, the 3rd qtr of this year as you see above, was another loss.
However we must not forget to see how Ocwen will manipulate the numbers for the S.E.C. Or any other authority, as they do so well with all of us.
I did what another person suggested. I went to Google and typed in Ocwen and came up with the above financial report.
We all need to do this...
Afraid to say
Texas
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