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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: cool who wrote (1459)5/12/1998 10:31:00 PM
From: James Strauss   of 13094
 
John:

The revenues will be the earnings engine in the Qtrs to come...

The Balance Sheet continues to strengthen...
***************************************************************
Thomas J. Wiens, Chairman and Chief Executive Officer, commented, ''The
second quarter reflected the effect of the six companies acquired in December
1997 and the two companies acquired in April and June of 1997. The Company's
operating income for the three months ending March 31, 1998 was $5.9 million,
which was an increase of 538% compared to $0.9 million for the same quarter
last year. As of March 31, 1998 the Company had total assets of $238.9 million,
stockholder's equity of $65.5 million, current assets-to-current liability ratio of
3.22:1, and a debt-to-equity ratio of 2.2:1. We believe the Company's positive
operating results and strong balance sheet provide affirmation of the Company's
growth strategy.''


Jim
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