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To: Jack Clarke who wrote (5126)12/14/1997 6:40:00 PM
From: Teddy  Read Replies (1) | Respond to of 95453
 
RE: Canadian Fracmaster

Jack, welcome to the thread. Yes, it is ok to mention specific stocks.

i never heard for Canadian Fracmaster, couldn't find a listing for it on U.S. markets. i have been told to avoid Canadian stocks because their accounting method has no basis in reality. Is this true?

Could you provide a link that has information on C F?

"CALGARY, Nov. 13 /CNW-PRN/ - Canadian Fracmaster Ltd. reported consolidated net earnings for the third quarter of
1997 of $12.9 million ($0.30 per share) on revenues of $117.1 million, compared to earnings of $3.1 million ($0.07 per share)
on revenues of $85.9 million in the same quarter of 1996. This represents a 316% increase in net earnings and was the
strongest third quarter the Company has recorded since 1993. Consolidated funds from operations for the quarter increased to
$26.1 million ($0.61 per share) from $15.8 million ($0.37 per share) for the third quarter of 1996."