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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Loren S. who wrote (7998)12/1/1999 12:58:00 PM
From: Ga Bard  Respond to of 9440
 
Thanks ... I got more CBQI :-))))) wish I good get someone to short it lower. CFIM I will look at.

:-)

Gary



To: Loren S. who wrote (7998)12/1/1999 1:00:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 9440
 
Are you sure??? CFI Mortgage Inc. Ticker: CFIM Page 1 of 10
Complete Financials: June 1999 Exchange OTC
FY END DEC
ISSUE DATA (11/26/99) PER SHARE DATA RATIOS
Price $ 0.50 EPS (TTM) $ -4.09 P/E (TTM) NM
52W High $ 0.88 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 0.06 Book Value $ -2.65 Price/Book NM
Shrs Out 3.83 Mil Cash $ 0.01 ROE (TTM) NM %
Float 2.70 Mil Rev (TTM) $ 1.30 ROA (TTM) -70.07 %
Mon. Vol 2.30 Mil Curr. Ratio 0.02
Beta -0.50 LT Dbt/Eqty NM
BRIEF: CFI Mortgage Inc. is a mortgage banker engaged in
originating, purchasing and selling nonconforming subprime
and conventional loans on one-to-four unit properties
through its retail, wholesale & consumer finance divisions.
For the 6 months ended 6/99, revenues fell from $9.9M to
$1K. Net loss applicable to Common decreased 94% to $275K.
Results reflect the absence of commissions and interest
income. Lower loss reflects lower personnel expenses.


Copyright (c) 1999, Market Guide Inc., All rights reserved (more)

CFI Mortgage Inc. QUARTERLY SUMMARY Page 2 of 10
HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars)
REVENUE 1996 1997 1998 1999
1st Qtr MAR 1,615 1,534 5,962 0
2nd Qtr JUN 1,948 1,729 3,941 1
3rd Qtr SEP 2,206 3,136 2,680
4th Qtr DEC 2,543 1,868 1,581
EPS (U.S. Dollars per share)
1st Qtr MAR -0.080 -0.050 -0.070 -0.020
2nd Qtr JUN -0.060 -0.240 -1.890 -0.050
3rd Qtr SEP 0.030 -0.210 -1.330
4th Qtr DEC 0.280 -2.610 -2.680

11/98, Company delisted from NASDAQ to Pink Sheets. All
weighted average shares and shares outstanding prior to IPO
are pro-forma. FY'96 financials are reclassified.

DIVIDENDS EMPLOYEES
Last Dividend Decl. $ NA # Employees 8
Last Div Ex-Date NA Sales/Employee (TTM) 532,750
Last Div Pay Date NA Net. Income/Empl.(TTM) NM
Copyright (c) 1999, Market Guide Inc., All rights reserved (more)



To: Loren S. who wrote (7998)12/6/1999 10:05:00 AM
From: Loren S.  Read Replies (1) | Respond to of 9440
 
CFI Mortgage Says Acquisition of Surfside Is ScheduledTo Close December 17, 1999


NORTH PALM BEACH, Fla., Dec. 6 /PRNewswire/ -- CFI Mortgage, Inc. (OTC Bulletin Board: CFIM), a diversified consumer finance company, today said its acquisition of a majority interest in privately-held Inventek, Inc. (doing business as Surfside Software Systems(TM) of Clearview, Fl.) has been scheduled to close Dec. 17, 1999. Surfside is a leader in the development and marketing of transportation software systems in the United States and Canada.

CFI entered into a letter of intent in October 1999 to acquire the developer and marketer of special purpose software, a transaction characterized by Stephen Williams, CFI president and chief executive officer, as a "strategic acquisition, marking the company's entry into the technology-based software solutions and cost containment industry." He said the acquisition will position "CFI for accelerated growth" as it enters the new millennium.

"One of our major objectives," Williams said, "is the diversification of CFI through acquisitions of this nature to insure the company's competitiveness in the financial services industry. The acquisition of Surfside is a step in that direction. Others are planned."

He noted that Surfside has been an IBM Business Partner since 1996 and "is widely regarded by industry experts as one of the leading producers of software product solutions." He said the company began operations in 1994 with the development of Transware(R) software, which maximizes client scheduling, cashiering, accounting and insurance administration capabilities. Surfside also has developed a module that manages preventative maintenance, inventory purchasing and cost analysis.

Certain of the matters discussed in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. As such, these forward-looking statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed by such forward-looking statements.

SOURCE CFI Mortgage, Inc.

CO: CFI Mortgage, Inc.; Surfside Software Systems(TM)

ST: Florida

IN: FIN

SU: TNM

12/06/1999 08:31 EST prnewswire.com