Peerless Carpet Corp Message Board

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Gold/Mining/Energy : Peerless Carpet Corp

PRG 28.00

-2.0%

Nov 4 3:59 PM EST

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To: Steve Reichle who wrote (29)	3/18/1998 7:04:00 AM
From: allen byrns	of 85

Hi everybody, sorry for the delay. The 3rd quarter terminated sept.31 showed a net profit of over 1 million (as you all know). My contact is telling me that they had a 2 million net profit in last 3 months of the year closing dec 31st'97. So add those 2 numbers and we have a 3 millions profit in last 6 months. The dividend per share with thoses number should be around .23 a share that correspond to a P/E ratio at today's price of 12. Thats probably why a broker told me that 2 mutual funds company bought over 150,000 each. As far as i'm concern i don't sell under 4.50$ unless something else comes out.

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