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Non-Tech : SOLOMON-PAGE SYMBOL -SOLP-

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To: MC Niemi who wrote (260)1/20/1998 5:25:00 PM
From: Gregory DeMoully  Read Replies (2) of 295
 
MC, I read the same article and thought Headway was more risky because it carries 50 million in debt. SOLP, has 2.5 million cash in hand and a debt of about 1 million. Headway is hell bent on expansion through aquisition and may be overpaying for the companies they aquire. Also, 50 percent of SOLP revenues come from higher margin IT services. As I recall, Headway not much into IT. For sake of comparison Winston Resources may be a better peer to SOLP, as discussed earlier in the thread.

Greg
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