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Non-Tech : SOLOMON-PAGE SYMBOL -SOLP- -- Ignore unavailable to you. Want to Upgrade?

To: DALTS who wrote (212)	11/29/1997 11:38:00 AM
From: Thomas Kirwin	Read Replies (2) \| Respond to of 295

Kev, I will attempt a call to Eric Davis on Monday so as to lay to rest some of my outstanding issues. This may be mute if earnings are released on Monday which I doubt. My previous conversations with Eric have also been very positive. The earnings announcement should be positive even in light of my concerns. I now doubt if there will be much if any upside surprise. My guesstimate is for $28.8 million for the year with $0.26 -$0.27 eps. The quarter could produce $9.1 - $9.2 million revenue with an eps of $0.09 - $0.10. Any increase in eps would be attributable to improved revenues in individual temporary and placement segments in addition to savings through economies of scale. Of course we could see the pro-forma numbers discussed thus far which I believe were $27 million and $0.25 for the year. The quarter pro-forma was $9 million resulting in $0.08 eps. The eps would be similar to last year's same quarter but the total revenue growth would be dramatic. This growth in revenues should bolster the stock price alone with hopes of improved eps in the future. The more I analyze SOLP my sights turn towards an undiscovered gem named Winston Resources (WRS) as it appears that WRS is the better managed company. If SOLP's earnings are not in line with expectations I may dump SOLP for WRS. Regards, Tom

To: DALTS who wrote (212)	12/3/1997 8:54:00 AM
From: Thomas Kirwin	Read Replies (2) \| Respond to of 295

Phone Call Report Kev, I had the opportunity to speak with Mr. Eric Davis, CFO of Solomon Page. My overall concerns have been laid to rest and I now await the earnings release. Don't have much time so I'll post the discussion items in brief. 1) The S-8 filed on July 28th authorizing 1,162,000 was an effort to accommodate top management who relinquished their escrow share rights which would have been dilutive. These shares have not been issued. 2) The 200,500 warrants sold by Mr. Norman Pessin on 11/04/97 were indeed purchased by SOLP via private purchase and therefore were not required to appear in the market volume report. Warrant buyback program progressing well. 3) Earnings date is not firm at this time. Mr. Davis indicated that he would like to release the numbers by the end of next week (12/14) but no later than December 18th. 4) Profit margin is running better than 4%. 6) Currently there is no interest in acquiring or merging with any temporary staffing companies such as Winston Resources (WRS). Gotta go! Regards, Tom