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Non-Tech : RECY Looking Good... A

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To: jmj who wrote (3750)1/13/1998 7:49:00 AM
From: TheInvestor  Read Replies (2) of 7006
 
jmj:

Where is everybody, we got earnings numbers and no one to give an opinion.

How do you read these numbers, I have not been keeping up with the
expected numbers.

Earnings before interest, taxes, depreciation, and amortization
(EBITDA) for the year ended September 30, 1997 was $5.6 million,
compared to a loss of <$1.0> million for the same period fiscal 1996
reflecting an EBITDA increase of 660% for fiscal 1997. Fiscal 1997 net
earnings totaled $1.1 million, or $0.06 per share, compared to a net loss
of <$3.0> million, or <$0.29> per share, for fiscal 1996. The Company
paid preferred stock dividends of $0.4 million which resulted in net
earnings available to common share holders of $0.7 million, or $0.04 per
share, for the fiscal year ended September 30, 1997, compared to the
1996 net loss of <$3.0> million, or <$0.29> per share.

TI
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