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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (15136)	4/21/1998 9:48:00 PM
From: KSANTHA	Respond to of 79284

Doug can u look at AIRM. Seems like lot of accumulation in the past 3 days. Thank for your AINN. Ram

To: Doug R who wrote (15136)	4/22/1998 2:36:00 AM
From: shasta23	Respond to of 79284

HI DOUG! What do you think of PCTH? HAs nice new lows and seems to approach this time the barrier of 7 with more force and might be able to break through. It's a pattern between 4-7 which would lead to a target of 10 after break... stefan

To: Doug R who wrote (15136)	4/22/1998 7:43:00 AM
From: Doug R	Respond to of 79284

Cade Industries Reports Record First Quarter Results Net Income Rises 95% on 77% Revenue Gain OKEMOS, Mich., April 22 /PRNewswire/ -- Cade Industries, Inc. (Nasdaq: CADE), a leading supplier of products and services to the aerospace and air transport industries, today reported results for the first quarter ended March 31, 1998. First quarter net income rose 95 percent, to $918,000, or basic earnings per share of four cents, from $471,000 or basic earnings per share of two cents for the comparable period of 1997. Revenues were up 77 percent, to $21.9 million from $12.4 million in last year's first quarter. Cade's President Richard A. Lund attributed the revenue gain to increased demand for engine components, higher deliveries of test nacelle equipment and the initial contribution from Central Engineering Company, a manufacturer of engine test cell and associated ground support equipment that Cade acquired in November 1997. "Our internal growth rate, excluding Cenco, was approximately 23 percent, and total backlog has more than doubled, to $84.1 million at March 31, 1998 from $40.2 million on the same date a year ago," Lund noted. Lund reported that operating margins widened to 7.6 percent for the first quarter of 1998 from 7.1 percent in the same 1997 quarter, and net income margins increased to 4.2 percent from 3.8 percent. "The margin improvements reflect our ongoing efforts to reduce overhead costs and boost productivity. We believe our net income margins will improve further throughout the year, as we continue to exercise strict cost controls, increase productivity and add to revenues. "During the quarter, we concluded successful negotiations on a four year contract with the unionized workforce at our Auto-Air Composites subsidiary, and look forward to a continuation of the excellent labor-management relationship Cade enjoys. "We also announced, on April 1, that Joseph R. O'Gorman, a retired executive vice president of United Airlines and currently chairman and president of Reno Air, has joined Cade's board of directors. Joe O'Gorman will bring an important airline industry perspective to our board," Lund concluded. The company will hold its annual meeting on Tuesday, May 5, 1998, in Lansing, MI. Cade designs, develops, manufactures, overhauls and repairs high technology composite components for the aerospace and air transport industries. The company is also a global leader in the design and manufacture of jet engine test facilities and related ground testing equipment. The company's operating subsidiaries are located in Lansing, MI; San Diego, CA; Grand Prairie, TX; and Minneapolis, MN.