Question: Financial Release: Please write a financial press release using the following information Jell Technologies needs a press release announcing its third quarter earnings closed on

Financial Release: Please write a financial press release using the following information Jell Technologies needs a press release announcing its third quarter earnings closed on Sept. 30. The company is based in Houston, Texas. It makes computer chips. Business has been off substantially. The company has lost money each of the last eight quarters. Last year, it had to restructure $4 billion in debt just to stave off bankruptcy. This worked, and now Jell is seeing its first profitable quarter in a long time. It made $25,000 profit during the quarter. During the similar quarter a year ago, it lost $1 million. Revenues during the quarter were $500 million compared to $400 million in the same time period a year ago. Things are looking up, according to the CEO

Lem Cratchet, but he doesnt want to be too confident. He knows the fourth quarter looks shaky with sales in October well off from last year. He believes it has something to do with Mexicos low cost manufacturing centers near the border. He would like to see them all closed down. Jell has 25,000 employees in three plants in Texas. It was founded by Cratchet and his brother, Slim, in 1965. They started the company in their garage. Its a lot of work, but if you do it you will begin to understand how you will react to real life ethical questions you will face as a PR professional and, on the financial side, you will begin to understand the complexity of Financial PR. Both of theses subject areas are extremely important in the world of the PR and understanding the fundamentals.

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