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Microcap & Penny Stocks : Amcor Capital (ACAP)

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To: ElGator who wrote (42)	6/5/1998 6:49:00 PM
From: skinydipper	Read Replies (1) of 63

(excerpted from) The Business Press/California May 25, 1998 Page 1 Inland Empire Focus: ------------------------------------------------------------------------ Area's Gazelles Double Their Sales Top 10 Local Public Companies Collectively Had About $4.5 Billion In Revenues No. 4 - Amcor Capital Corp. (Nasdaq: ACAP) Coachella-based Amcor has been acquiring tree trimming companies and green waste recycling operations lately in an effort to cash in on California laws that require local governments to divert 50% of their waste streams from landfills by 2000. Those efforts and the resulting contracts with California cities and continuing operations combined to increase sales 67% to 17.4 million between fiscal 1996 and the year ended last Aug. 31. Amcor's primary business is still the harvesting of table grapes, and it has a number of smaller operations, but the green waste operations have been its recent focus. The company in May formed a division called AMCOR Biomass, Inc. for its green waste service acquisitions. It estimates the market for green waste services will reach about $300 million in two years.

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