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Gold/Mining/Energy : Clearly Canadian Beverage Corp (CLCDF)
CLV 1.4300.0%Feb 8 4:00 PM EST

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To: hmk who wrote (86)6/20/1997 4:00:00 AM
From: Magpie   of 206
 
Harold,
According to the news release containing the 1st quarter figures
this period is traditionally slow in the beverage industry, hence the flat sales. Increased expenses for the relaunch of the core brands and the launch of Orbitz would have added to the somewhat disappointing results.

The recent release about the agreement with VSA Inc. sounds very good
and I'm sure the 2nd quarter will be much better (but then I'm an incurable optimist).

Regards,
Jim
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