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Non-Tech : MHCO: Moore-Handley, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: rjm2 who wrote (1)	10/18/2001 2:14:36 PM
From: rjm2	Respond to of 16

Moore-Handley Reports Results of Operations For The Quarter Ended September 30, 2001 BIRMINGHAM, Ala., Oct. 18, 2001 (PRIMEZONE via COMTEX) -- Moore-Handley, Inc. (Nasdaq: MHCO chart, msgs), a Birmingham distributor of hardware and home center products, reported net income of 9 cents per share for the quarter ended September 30, 2001, compared to a loss of 3 cents for the same quarter last year. Nine months net income was 36 cents versus a loss of 7 cents last year. Sales for the third quarter were up slightly from $38.9 to $39.9 million. For the nine months ended September 30, sales were down slightly from 121.3 million to 119.1 million. MOORE-HANDLEY, INC. STATEMENTS OF OPERATIONS (UNAUDITED) THREE MONTHS NINE MONTHS ENDED SEPTEMBER 30 ENDED SEPTEMBER 30 2001 2000 2001 2000 Net sales $39,858,000 $38,903,000 $119,090,000 $121,300,000 Cost of merchandise sold 33,613,000 32,802,000 100,184,000 101,778,000 Warehouse and delivery expense 2,317,000 2,450,000 6,861,000 7,652,000 ----------- ----------- ----------- ----------- Cost of sales 35,930,000 35,252,000 107,045,000 109,430,000 ----------- ----------- ----------- ----------- Gross profit 3,928,000 3,651,000 12,045,000 11,870,000 Selling and administrative expense 3,387,000 3,309,000 9,948,000 10,894,000 ----------- ----------- ----------- ----------- Operating Income 541,000 342,000 2,097,000 976,000 Interest expense,net 301,000 437,000 1,068,000 1,195,000 ----------- ----------- ----------- ----------- Income before income tax 240,000 (95,000) 1,029,000 (219,000) Income tax 85,000 (37,000) 369,000 (84,000) ----------- ----------- ----------- ----------- Net income $ 155,000 $ (58,000) $ 660,000 $ (135,000) =========== =========== =========== =========== Net income per common share - basic and diluted $ 0.09 $ (0.03) $ 0.36 $ (0.07) =========== =========== =========== =========== Weighted average common shares outstanding 1,814,000 1,929,000 1,814,000 1,923,000 =========== =========== =========== =========== SUBJECT: Earnings Releases And Operating Results KEYWORDS: EARNINGS CONTACT: Moore-Handley, Inc., Birmingham Donna Bridges (205) 663-8316

To: rjm2 who wrote (1)	1/17/2007 1:41:02 PM
From: a128	Respond to of 16

MHCO is $6.30-6.35 and as tight a spread as I can recall. This will be their 3rd straight year of solid profitibility and since they are at 52 cents for the 9 months, I look for 65-78 cents for the full year. (A wide range, I know but its hard to guess with these guys as they manage the business for the long term) I am as bullish on MHCO today as I was on 10/24-25/00 when I first bought it at $1.00-1.03. A low PE and below book value makes this attractive to even financial buyers. Of course, insiders control the bulk of the shares so nothing will be done without their approval. The chairman is about 75 years old but in excellent health from what I understand.