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Strategies & Market Trends : Three Amigos Stock Thread

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To: Tony van Werkhooven who wrote (4646)	5/11/1998 6:28:00 PM
From: Cary C	Read Replies (2) of 29382

Tony I listened to the conference call on AIRM today. When you take into consideration the costs associated with that one time gain, it isn't quite that easy. I couldn't write that fast so you will have to excuse me but a couple of items that were mentioned were $30k travel expenses, 100K training of new personnel and several others. They also mentioned in the call that there were several other one time charges associated with the companies business for the quarter. It did have an impact earnings but as they said on the conference call, even if you factor out the accident, the company still had a significant improvement from the previous years quarter. I have four pages of scribbled notes that I have to try and organize but I think the real value in AIRM is what is in the pipeline for the future including a news release that is coming out tomorrow regarding a contract with the Denver police department. Cary

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