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To: GARY P GROBBEL who wrote (16886)	1/14/2004 12:28:59 PM
From: GARY P GROBBEL	Respond to of 120415

CDV up .10 to .99...took long enough for this one to get going...they do have some nice earnings: B: CD&L Announces Third Quarter Results B: CD&L Announces Third Quarter Results SOUTH HACKENSACK, N.J., Nov 17, 2003 /PRNewswire-FirstCall via Comtex/ -- CD&L, Inc. (Amex: CDV), one of the nation's leading providers of customized, time-critical delivery services announced today its Third Quarter 2003 results along with the filing of the Company's Quarterly Report on Form 10-Q. Revenue for the three months ended September 30, 2003 increased by $1.9 million, or 4.9%, to $40.8 million from $38.9 million for the three months ended September 30, 2002. Net income for the three months ended September 30, 2003 increased by $61,000 to $442,000, or $.06 per basic share, from $381,000 for the three months ended September 30, 2002. The increase in net income was primarily due to increased revenues and lower insurance costs, partially offset by economic and competitive pressures on pricing and increases in direct delivery expenses. CD&L, Inc., based in South Hackensack, NJ operates 57 facilities in 21 states, with annual revenues of approximately $160,000,000. The Company has over 1,300 employees and utilizes approximately 2,200 independent contractors to provide time-sensitive delivery services to thousands of customers across the country.