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Pastimes : The Big Tex House of Coin -- Ignore unavailable to you. Want to Upgrade?

To: BigTex who wrote (8854)	11/16/1999 2:12:00 PM
From: Spark	Respond to of 19297

TVIN..looks cheap enough.. Tuesday November 9, 11:36 am Eastern Time Company Press Release TVI Corporation Reports Profitable Third Quarter GLENN DALE, Md.--(BUSINESS WIRE)--Nov. 9, 1999--TVI Corporation released Tuesday its financial reports for the third quarter, reporting a profit for the third consecutive quarter. Unaudited results for the nine month periods ending September 30, 1999 and 1998 were as follows: 9 mos 1999 9 mos 1998 ---------- ---------- Total Revenue $1,288,956 $1,180,653 Cost of Goods 648,736 700,025 Gross Profit 640,220 480,628 S,G,&A Expense 491,800 500,108 Interest Expense 23,776 36,439 Operating Income(Loss) 124,644 (55,919) Other Income(Expense) 104,813 (13,468) Net Income (Loss) $229,457 ($69,387) Shares Outstanding 23, 277,974 22,977,974 Allen Bender, president of the company, noted that revenues had continued at a consistent level for the third quarter with a good mix of product sales. Mr. Bender noted that interest in the company's shelter products remained high, and that there was a good backlog at September 30. Two significant orders were closed in October, further strengthening the backlog. Based upon the current backlog, the company anticipates a profitable fourth quarter. TVI's common stock trades on the OTC Bulletin Board under the symbol TVIN. Product and corporate information may be viewed at its Internet Homepage at www.tvicorp.com.