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Microcap & Penny Stocks : RISC 1/2 mill traded (96' worst ipo) -- Ignore unavailable to you. Want to Upgrade?

To: Robert Floyd who wrote (249)	11/19/1997 5:17:00 PM
From: Robert Floyd	Read Replies (1) \| Respond to of 294

RISCORP INC Filed on Nov 19 1997 EXHIBIT 27 - ARTICLE 7 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-Q AS OF AND FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. PERIOD-TYPE 9-MOS FISCAL-YEAR-END DEC-31-1997 PERIOD-END SEP-30-1997 1,2,3 DEBT-HELD-FOR-SALE 185,833 DEBT-CARRYING-VALUE 21,765 DEBT-MARKET-VALUE 21,882 EQUITIES 1,536 MORTGAGE 0 REAL-ESTATE 0 TOTAL-INVEST 209,134 CASH 46,124 RECOVER-REINSURE 0 DEFERRED-ACQUISITION 0 TOTAL-ASSETS 769,276 POLICY-LOSSES 460,428 UNEARNED-PREMIUMS 73,252 POLICY-OTHER 0 POLICY-HOLDER-FUNDS 0 NOTES-PAYABLE 15,802 PREFERRED-MANDATORY 0 PREFERRED 0 COMMON 363 OTHER-SE 161,585 TOTAL-LIABILITY-AND-EQUITY 769,276 PREMIUMS 133,882 INVESTMENT-INCOME 12,557 INVESTMENT-GAINS 0 OTHER-INCOME 17,969 BENEFITS 98,435 UNDERWRITING-AMORTIZATION 0 UNDERWRITING-OTHER 0 INCOME-PRETAX 6,412 INCOME-TAX 2,602 INCOME-CONTINUING 3,810 DISCONTINUED 0 EXTRAORDINARY 0 CHANGES 0 NET-INCOME 3,810 EPS-PRIMARY 0.10 EPS-DILUTED 0.10 RESERVE-OPEN 458,239 PROVISION-CURRENT 0 PROVISION-PRIOR 0 PAYMENTS-CURRENT 0 PAYMENTS-PRIOR 0 RESERVE-CLOSE 460,428 CUMULATIVE-DEFICIENCY 0 Net investment income is reported net of any realized gains and losses in the Statement of Income. Financial Data Schedule information for the year ending December 31, 1996 is incorporated by reference herein to FORM 10-K/A annual report as filed with the Securities and Exchange Commission by the Company on October 23, 1997. Amounts inapplicable or not disclosed as a separate line on the Statement of Financial Position or Results of Operations are reported as 0 herein. If I follow this report correctly: Share Holder Equity is $161,585,000; weighted average number of shares is 36,868,114, giving a Book Value of approximately of $4.38 per share!