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To: IsaacF1 who wrote (1448)5/12/1998 11:01:00 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
TTN...

Isaac:

Here is a snipit from the news release:

Revenues for the first quarter of 1998 were $43,979,000, compared to revenues of $48,721,000 for the prior year first quarter, primarily reflecting a delay in the exercise of contract options expected to be received in the first quarter, which were awarded instead in the second quarter, and a delay in work at one of the Company's customer sites.

These delayed revenues should beef up the 2nd Qtr...

The Operating Margin jumped from 6% to 8%... This is one to put away...

Jim