ALE/TSE Sleemans Message Board

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Gold/Mining/Energy : ALE/TSE Sleemans

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To: Richard J Quesnel who wrote (240)	8/7/1999 1:59:00 PM
From: garrason	Read Replies (1) of 272

ALE's Second Quarter Results should be out the last week in August. The last Zack's Report that I saw gave 2nd Qtr estimated earnings at $.16, 3rd Qtr at $.20, and 4th Qtr at $.09, or $.53 for 1999. Year 2000 earnings are still listed as $.62 If margins can improve, and particularly if ALE beats the estimate, I think the stock will again show some strength and upward momentum. 1st Qtr this year produced almost a 10% increase in absolute earnings, but earnings per share were flat due to having over 17M shares outstanding vs 14.9M shares a year ago (on a fully diluted basis).

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