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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Doug R who wrote (1566)	1/13/1998 11:57:00 AM
From: James Strauss	Read Replies (2) of 2377

GTAX... The Financials... This is Cary's report... FINANCIALS CONTINUE MOVING FORWARD..... For the year end numbers the company showed that they were moving forward with two consecutive earnings increases reported. biz.yahoo.com With the first quarter ending September 30,1997 (a slow period for the companies seasonal business) it was very incouraging to note the progress when comparing it to the same quarter in 1996. biz.yahoo.com There were increases in the revenues and income. What I liked more was the fact that the salaries and comissions were down along with the general and administrative expenses but revenues were up. Even though the direct mail revenue was down, the direct mail expenses were considerably down showing more profit to the bottom line. As the existing centers become more established I feel this trend will continue. The opening of new centers could be a burden as they try to gain clients. Howevere, with the expense control that management has shown and additional revenues from the existing offices this doesn't appear to be a problem at this time. Cary

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