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

To: MC Niemi who wrote (239)	1/9/1998 1:42:00 PM
From: Gregory DeMoully	Respond to of 295

I spoke with Eric Davis, the CFO of Solomon Davis, by telephone yesterday. I asked him why the earnings delay? He said that things were just too hectic to get the earnings released over the holidays. I specifically asked him if the reason for the delay was because there was some bad news such as earnings restatement. He said there was "not any bad news", and that in fact there were a lot of great things happening at SOLP. IMO todays depressed price of the stock is only nervous nellies jumping ship. I wish I had more funds to buy SOLP at these prices! Greg.

To: MC Niemi who wrote (239)	1/10/1998 10:38:00 AM
From: Thomas Kirwin	Respond to of 295

Delayed Earnings Release & Stock Price Volatility David & MC, Dave, thanks for the update. IMHO the numbers will be good! MC, my previous posts regarding the earnings report delay have indicated that there is no bad news. In fact the SEC extension request clearly states that previous reports will not be re-stated. We all know that this is a small/micro cap stock and expect some volatility. Lately the swings have been huge and I believe that the Market Makers are capitalizing on the fears generated by the delayed earnings report. There is no way that SOLP deserves to be priced at or below $3.00. Like Dave, if I had some additional funds laying around additional SOLP stock would have been added to my portfolio. Monday's expected earnings release should tell the tail. If ya thought the drop from $4.31+ to $3.00 was significant wait till ya see the expected pop to $6.25 before the next earnings release in February. Regards, Tom

To: MC Niemi who wrote (239)	1/13/1998 11:06:00 AM
From: Thomas Kirwin	Respond to of 295

1997 Year End Numbers & Financial Ststements SOLOMON PAGE GROUP LTD. Consolidated Statement of Operations (Unaudited) For Twelve Months Ended September 30 1997 1996 Revenue $28,996,485 $17,165,836 Income From Operations $1,691,499 $509,313 Income Before Income Tax Expense $1,834,896 $729,526 Income Tax Expense $552,531 $19,200 Net Income $1,282,365 $710,326 Primary Income Per Common Share $.20 $.14 Primary weighted Average Common Shares Outstanding 9,091,644 5,139,285 Fully Diluted Income Per Common Share $0.20 $0.13 Fully Diluted Weighted Average Common Shares Outstanding 9,091,644 5,452,595 For Three Months Ended September 30 1997 1996 Revenue $9,419,150 $5,623,282 Income From Operations $443,690 $390,825 Income Before Income Tax Expense $488,538 $410,185 Income Tax Expense $264,058 $19,200 Net Income $224,480 $390,985 Primary Income Per Common Share $0.04 $0.08 Primary weighted Average Common Shares Outstanding 9,091,644 5,139,285 Fully Diluted Income Per Common Share $0.04 $0.07 Fully Diluted Weighted Average Common Shares Outstanding 9,091,644 5,452,595 Balance Sheet Data as of September 30 1997 1996 Working Capital $4,921,334 $5,530,320 Total Assets $12,815,456 $9,613,173 Long-Term Debt Net of Current Maturities $36,473 $98,203 Stockholders Equity $8,331,465 $7,065,350 SOURCE: The Solomon Page Group, Ltd.