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Non-Tech : RECY Looking Good... A
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To: TheInvestor who wrote (3751)1/13/1998 8:23:00 AM
From: Brewmeister  Read Replies (2) of 7006
 
I'd really like to see the full income statement and balance sheet to see where the money goes and what they've got.

That said, and off the top of my head after a two minute look, the improvement for 1996 to 1997 looks pretty good. On and increase of 35M in revenues, net income increased by about $4M, EBITDA, by 6.6M.

Now, Revenue will increase from 62M to 250M plus. If efficiencies will allow for continued improvements, NEAR 1996 to 1997, the numbers should look pretty good come the end of 1998.

Is this reasonable or possible, perhaps. Bottom line is that 1998 should see some pretty good earnings if this trend can continue and I believe it can.

All IMHO of course.

Dan
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