CFCC----From the morning paper----
Thursday, April 16
[Meyer Group, Ed Meyer]
Neuvo Energy Co (NEV) 35 7/8 down 1/8. Our sources,who are specialists in
M&A pricing, tell us NEV is a "must own". Only 5 points off its low for the
last 52 weeks, the stock has had a high of 52 7/8.
Corfacts (CFCC) 0.24 bid, 0.28 ask, traded on the NASDAQ Bulletin Board.
After the close CFCC announced that they had achieved record results for the
calendar year ended 12/31/97 versus 96. Revenues more than tripled
to $2,174,399. EPS were $0.036 cents in 98 versus a loss of$.008 in 96. (97
earnings include an income tax benefit of $183,750.
CFCC provides outbound telemarketing services for clients throughout the US
and has recently expended its medical practice building division. CFCC will be
starting a financial telemarketing division and a general consumer division in
the 2Q98.
Management projected record 1Q98 revenues and earnings WALL ST
WHISPERS
Thursday, April 16
in excess of $0.02 per share. For the year, CFCC could earn as much as $0.10
per share. At just 15 times earnings, the stock price could hit $1.50 by
year-end.
For additional company information, call: Ariel Freud,Vice President,
(800)
696-7788. |
