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Technology Stocks : nds: digital broadcaster (nnds) -- Ignore unavailable to you. Want to Upgrade?

To: caly who wrote (36)	1/12/2000 9:38:00 AM
From: Mr. Pink	Read Replies (1) \| Respond to of 47

Great AGX numbers!!! Mr. P$nk reiterates His buy recommendation on this stock which shall have all the excitement of watching paint dry. MP He is long and may buy or sell at any time without warning. Not investment advice. All comments for entertainment purposes only. Agribrands Announces First Quarter Earnings 1/11/0 17:19 (New York) ST. LOUIS, Jan. 11 /PRNewswire/ -- Agribrands International, Inc. (NYSE: AGX) today announced first quarter net earnings of $13.9 million compared to $11.1 million for the prior year. Diluted earnings per share for the quarter were $1.29 compared to $1.03 for the prior year. Operating profit for the current quarter was $19.7 million compared to $21.9 million for the same quarter last year. Operating profit in the prior year's first quarter was reduced by a $1.8 million charge to settle a claim by a former joint venture partner in Chile. Discussion and analysis of Agribrands' financial condition and results of operations is available in the Company's most recent Form 10-Q, which is being filed with the Securities and Exchange Commission today. Agribrands, a leading international manufacturer of animal feeds and agricultural products, was spun-off from Ralston Purina Company (NYSE: RAL) on April 1, 1998. AGRIBRANDS INTERNATIONAL, INC. CONSOLIDATED STATEMENT OF EARNINGS (UNAUDITED) (Dollars in millions except per share data) Quarter Ended November 30, 1999 1998 Net Sales $300.9 $332.4 Costs and Expenses Cost of products sold 247.2 273.7 Selling, general and administrative 34.0 36.8 Interest .9 2.9 Other (income)/expense, net (2.2) (2.7) 279.9 310.7 Earnings before Income Taxes 21.0 21.7 Income Taxes 7.1 10.6 Net Earnings $13.9 $11.1 Earnings Per Share Basic $1.34 $1.04 Diluted $1.29 $1.03 SOURCE Agribrands International, Inc. -0- 01/11/2000 /CONTACT: Investor Relations of Agribrands International, Inc., 314-812-0590/ /Web site: agribrands.com / (AGX) CO: Agribrands International, Inc. ST: Missouri IN: FOD SU: ERN -0- Jan/11/2000 17:04 EOS (PRN) Jan/11/2000 17:04 85 -0- (PRN) Jan/11/2000 17:19