Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (1952)	6/9/1998 9:45:00 PM
From: Cary C	Respond to of 13094

CADE..... margins Sergio here is another reference to CADE increasing their profit margins. >LANSING, Mich., May 12 /PRNewswire/ -- Cade Industries, Inc. (Nasdaq: CADE - news), a leading supplier of products and services to the aerospace and air transport industries, told shareholders at its annual meeting here that the company expects 1998 earnings to rise 60 percent, on a 50 percent gain in revenues. Net income for the year ended Dec. 31, 1997, as previously reported, doubled to $2,353,000, or 11 cents per basic share, on a 60 percent gain in revenues to $55 million. << There are numerous ways to increase margins. A significant way is cost containment. Management went into more detail in the last 10Q. It appears that they have been effective in raising the profit margins and plan to continue throughout this year. I believe the first quarter reflected a better % than even the 60/50 they mentioned. I believe revenue was up 77% while income was up 95%. Not a bad start. I know this was one of the amigo's main concerns with CADE. hmmmmm, it might be time. Cary