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Technology Stocks : NS GROUP INC (NYSE:NSS) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Kao who wrote (16)	2/4/1998 3:04:00 PM
From: SunFun501	Respond to of 24

01/19 DJ NS Group/Furnace -2: Sees Lower Costs, More Capacity NEWPORT, Ky. (Dow Jones)--NS Group Inc. (NSS) Monday said its board agreed to purchase and install a new AC electric arc furnace at its Newport Steel plant in Wilder, Ky., for $25 million. In a press release, the company said the new furnace, which will replace three existing furnaces, is expected to lower costs and boost total effective capacity. NS Group is currently evaluating proposals from construction, engineering and equipment suppliers, and it is expected to award contracts by March. The company expects to fire up the new furnace in the Spring of 1999. NS Group is a steel and industrial adhesives holding company. (END) DOW JONES NEWS 01-19-98 03:00 PM I/STL N/DJN N/DJWI N/ERN N/LAT N/HIY M/BSC P/DEU R/KY R/NME R/US R/USS NSS 01/13 DJ NS Group Earnings -2: 1Q Financial Table >NSS NS Group Inc. - Newport, Ky. 1st Quar Dec. 27: 1997 1996 Sales $123,733,000 $105,167,000 Net income 6,537,000 249,000 Avg shrs (basic) 23,983,000 13,809,000 Avg shrs (diluted) 25,399,000 13,826,000 Shr earns (basic) Net income .27 .02 Shr earns (diluted) Net income .26 .02 - 'Basic' earnings per share is calculated by dividing net earnings applicable to common shares by common shares outstanding. This replaces 'primary' earnings per share, which included common stock equivalents in the calculation. The year ago per share amounts are restated to reflect the current presentation. ** - 'Diluted' earnings per share includes options, warrants and convertible securities in the calculation. NS Group Inc. (NSS) remains optimistic about fiscal 1998. NS Group is a steel holding company. (END) DOW JONES NEWS 01-13-98 06:03 PM