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Gold/Mining/Energy : HSS Hars Systems - Internet Travel

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To: keith massey who wrote ()5/3/1999 10:00:00 PM
From: keith massey   of 127
 
Although HSS is just getting started on the Internet they already have some very impressive numbers for a small company.

For year ending 1998
Revenue $10,076,430
Earnings $851,552 (.06/share)

For year ending 1997
Revenue $8,176,555
Earnings $703,242 (0.05/share)

Current quarter ending Dec 31, 1998 (First quarter)
Revenue $2,602,691
Earnings $128,646 (.01/share)

According to the company the first quarter is the least profitable while the second quarter makes way for the strong seasonal trends of the second half of the year. If the company can make $2.6 million in their worst quarter I can't wait for their strongest quarter.

The company states on their web page that they expect at least $12 million in revenue for 1999. When taking to the IR he said the company is very conservative....if the internet booking sites takes off HSS could easily break their revenue predictions.

Best Regards
KEITH
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