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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: HandsOn who wrote (6412)	7/20/1998 10:01:00 AM
From: musicguy	of 25711

BLUE- News- "Frederick Brewing Co. (Nasdaq: BLUE - news) announced today that the Company's second quarter, ended June 30, 1998, saw rapid revenue gains and increased distribution. The Company also announced cost-cutting measures and a series of strategic alliances that are expected to boost revenue and improve capacity utilization in future periods." gross revenues for the second quarter were approximately $1.6 million on shipments of 8,861 barrels. These sales represent a revenue gain of 82% and a barrellage increase of 148% over the same period last year ($875,000 in revenues on 3,577 barrels shipped). For the first six months of 1998, gross revenues have increased 129% ($2.6 million for 1998 v. $1.14 million for 1997) and shipments have increased120% (14,657 barrels in 1998 v. 6611 in 1997). biz.yahoo.com MG

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