SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : SOLOMON-PAGE SYMBOL -SOLP-

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DALTS who wrote (212)12/3/1997 8:54:00 AM
From: Thomas Kirwin  Read Replies (2) of 295
 
Phone Call Report

Kev,

I had the opportunity to speak with Mr. Eric Davis, CFO of Solomon Page. My overall concerns have been laid to rest and I now await the earnings release.

Don't have much time so I'll post the discussion items in brief.

1) The S-8 filed on July 28th authorizing 1,162,000 was an effort to accommodate top management who relinquished their escrow share rights which would have been dilutive. These shares have not been issued.

2) The 200,500 warrants sold by Mr. Norman Pessin on 11/04/97 were indeed purchased by SOLP via private purchase and therefore were not required to appear in the market volume report. Warrant buyback program progressing well.

3) Earnings date is not firm at this time. Mr. Davis indicated that he would like to release the numbers by the end of next week (12/14) but no later than December 18th.

4) Profit margin is running better than 4%.

6) Currently there is no interest in acquiring or merging with any temporary staffing companies such as Winston Resources (WRS).

Gotta go!

Regards,

Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext