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Pastimes : LVB Investment Group

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To: Mr. Bean who wrote (84)9/20/1997 2:09:00 AM
From: Matt Burton   of 1253
 
<<Now find me some winners!>>

Here you go: MIDL, Midland
Priced at 9/16. It is an acquisition company. They've been going through some rough times, but now they have a new leader and a very experienced management (including accounting...we know how important that is TIC). His name is Steven King...don't let that scare you off.

Read about that:
biz.yahoo.com

"'These strategic decisions are an essential element to the success of
our aggressive acquisition program. We fully intend on acquiring five to seven profitable companies annually and expect FY 1998 revenues to be in excess of $200 mm. Based on this growth strategy, FY 1998 earnings are expected to be $1.28 per share compared to a loss for FY 1996 of $765,273 or $.91 cents per share,' said King..."

That article also details some of their recent acquisitions.

They also plan to apply to NASDAQ in November. There is a thread here, and the guy has gathered some great information on it.
Subject 17037

Home Page: midland-inc.com
My prediction: a modest $1.25 by Friday.

msb
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