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To: beat the market who wrote (3996)	4/2/1998 12:28:00 PM
From: Eric mulay	Respond to of 34592

does anyone know anything about CONCORD ENERGY INC; (CODE).. Tuesday February 17, 11:17 am Eastern Time Company Press Release SOURCE: Concord Energy Incorporated Concord Energy, Inc. Announces Second Quarter Financial Results JOURDANTON, Texas, Feb. 17 /PRNewswire/ -- Concord Energy Incorporated (Nasdaq: CODE - news) today announced its second quarter financial results for period ending December 31, 1997. The company's total revenues rose to $4,239,125 for the quarter, compared to $3.3 million in the corresponding quarter in 1996. The net income reported was $369,471, or $0.06 per share versus $238,592 and $0.04 per share in the second quarter ending December 31, 1996. The aggregate six-months ending December 31, 1997 revenues are $15.1 million, and net income for the same period totals $911,465 or $0.15 per share. The company's SEC Form 1O-QSB filing also noted the material increase in revenues and earnings is related to the company's Kemco Division and the continued growth in new contract revenues. Concord is a fully integrated oil and gas service company that also has interests in oil and gas properties. Concord's Kemco subsidiary designs, re-engineers and markets oil and gas processing equipment. Concord's IPS subsidiary markets a proprietary information software system that automates and expedites the dissemination of critical oil and gas production data. This press release contains forward-looking statements. The actual results might differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to materially differ from those in forward-looking statements is contained in Concord Energy's SEC filings, copies of which are available upon request from Concord's investor relations department. SOURCE: Concord Energy Incorporated More Quotes and News: Concord Energy Inc (Nasdaq:CODE - news) Related News Categories: oil/energy Wednesday February 18, 1:07 pm Eastern Time Concord Energy Inc. Posts $0.06 vs. $0.04 2Q EPS; Revs. Up 28% CONCORD ENERGY INC. Interim Consol. Earns.: Dec. '97--Thou. $ 3 Mos. to Dec. 31: 1997 1996 Revenues 4,239 3,321 Net income 369 239 * Sh. earns. $0.06 $0.04 6 Mos.: Revenues 15,100 7,818 Net income 911 448 * Sh. earns. $0.15 $0.08 d Deficit. * As reported. Feb. 17, 1998, Concord Energy Inc. announced a Dec. '97 three-month earnings per share, $0.06 vs $0.04 for same period a year ago and six-month earnings of $0.15 vs $0.08 for same period a year ago. More Quotes and News: Concord Energy Inc (Nasdaq:CODE - news) Related News Categories: oil/energy ...... INPUT????