ENR trading on AMEX. ( Envirotest) Message Board

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Non-Tech : ENR trading on AMEX. ( Envirotest)

ENR 20.02

-0.9%

Dec 30 3:59 PM EST

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To: High Grader who wrote (28)	7/21/1998 10:09:00 AM
From: Ross Orr	Read Replies (1) of 62

Hi everyone, I found the press release yesterday on Yahoo regarding the 3rd quarter earnings. Very impressive numbers, so much so that I contacted the company to see if there was an extraordinary gain. John Fotos, the PR guy informed me that the earnings were from operations. I asked, with a back log of $950 million could one extrapolate that to mean $2/share over the next 4 quarters and he said that an analyst had picked them for $1.65 but his 3qtr call was for o ly .28 cents. I guess the only cause for concern would be $300 million in debt but keep in mind that they generated $20 million in cash flow in the quarter. Why didn't I see this company a year ago. Nice company. Ross Orr

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