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Non-Tech : DEATHcare Stocks-Grim Reaper of Profits?

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To: John Wasikowski who wrote (87)5/8/1998 5:21:00 PM
From: HairyWho?  Read Replies (1) of 114
 
Carriage Services Begins Trading on New York Stock Exchange Under
Symbol 'CSV'

HOUSTON, May 8 /PRNewswire/ -- Carriage Services, Inc. (NYSE: CSV - news), a rapidly growing funeral home and cemetery owner and operator, begins trading today on the New York Stock Exchange. The Company's Class A Common Stock now trades under the symbol ''CSV''.

Melvin C. Payne, Chairman and CEO said, ''The listing on the New York Stock Exchange is another milestone in our quest to build a great operating company in the Death Care Industry. It provides a strong platform from which we can access capital to fuel our continued rapid growth.''

Carriage Services is a publicly traded funeral and cemetery service company which has grown from 38 funeral homes and seven cemeteries at the time of its initial public offering to 125 funeral homes and 21 cemeteries as of May 8, 1998.

SOURCE: Carriage Services, Inc.
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