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Microcap & Penny Stocks : Cade Industries -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (2485)	6/10/1998 9:00:00 PM
From: Instock	Read Replies (2) \| Respond to of 3563

Sergio, Yes, I have a few Q's you can ask them. I would like to know about the companies Profit Sharing plan. Want to know the details of the company buying CADE shares for their employies profit shaing plan. What contracts did CADE have with McDonnel Dougles, now Boeing, and if any, what projects were the contracts for? Is CADE considering a Stock buy back program? What is their UPDATED projection of Rev. and Sales increases? Do they feel that their May 14th projections are on track? What steps have they taken, or considering, to increase share holder value? What is their current CASH position? When is their next shareholders meeting, and where will it be? I will probably think of a few more Q's later. Scott

To: Sergio H who wrote (2485)	6/10/1998 9:03:00 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 3563

Hello Kids,what did I miss<g> (besides more shares at 9/16)..Like the way this thread has come alive...we're getting TA,FA and that is otay...<lol> to many fumes from the lawntractor<vbg>..DD PS: thanks for everybodies imput....

To: Sergio H who wrote (2485)	6/11/1998 4:58:00 AM
From: g.prib	Read Replies (1) \| Respond to of 3563

Hello Amigo Sergio,re Cades' customer list- thats easy,its virtually every major aircraft,engine producer and most airlines. Cades' not real dependent on any one of them,I don't believe,but P&W is probably one of the larger ones. Best regards,gprib.

To: Sergio H who wrote (2485)	6/11/1998 11:36:00 AM
From: Sal D	Read Replies (5) \| Respond to of 3563

Sergio and new CADE shareholders for what its worth here is some CADE info. The Company has grown 83% in two years with 1997 sales of 55.8m Its core products include the design of gas turbine engine components, commercial and military airframe components, jet engine test equipment, facilities and related ground testing equipment, and overhaul and repair and airframe components. Cade is recognized as one of the world's largest designers and manufacturers of test nacelle systems employed in the ground testing and overhaul of commercial and military engines in service and development. International sales contributed 21.5% of Cade's sales with products and services provided to 26 countries. Commercial aviation products accounted for 86% of sales in 1997, with military aviation products contributing 14%. 1997 product mix: Gas turbine products(32.1%), Test facilities & equipment(23.7%), Repair & Overhaul services(22.3%) and Airframe products(21.8%) Net sales to Pratt & Whitney, Boeing/McDonnell Douglas and the U.S. Government, with which the Company has longstanding customer relations, amounted to 25%, 11% and 7% of 1997 consolidated net sales, respectively(25%, 6% and 5% in 1996, 20%, 5% and 13% in 1995). Export sales by the Company's domestic subsidiaries were 12,002,000, 6,024,000 and 7,028,000, for the years 1997, 1996 and 1995, respectively and accounts receivable relating to foreign revenues as of December 31, 1997 and 1996 are 7,638,000 and 506,000, respectively. In 1997, earnings increased by 122% to 2,353,000 on revenues of 55.8m, up 60% from 34.8m in 1996. Basic earnings per share rose to .11, compared to .05 in the prior year, with approximately 21.7m shares outstanding. Growth in revenues and earnings has benefited from the Company's diversified product capabilities within the original equipment manufacturer and aftermarket overhaul and repair sectors. This expanded capability fueled there internal sales growth, which accounted for 81% of there revenue increase. Each of there four core product segments had increased revenues, with the largest dollar increases in gas turbine engine products(7.8m) and jet engine test equipment(6.5m). The largest percentage increase occurred in the engine component, overhaul and repair business, which grew at an annualized rate of 82%. One of the most significant achievements of 1997 was the successful acquisition of Central Engineering Company(Cenco). The acquisition was financed primarily through the use of new debt, in 1997. The Cenco acquisition gives Cade a unique capability within the world's jet engine test facility market. Cade is now capable of offering a complete turnkey facility for testing and certification of today's commercial and military gas turbine engines. Cade has a current contract to build two of the world's largest test facilities, with completion scheduled in 1998 for the GE 90 Engine Test Facility in Wales, and the Rolls Royce Trent 895 Engine Facility in Thailand. Cade's order backlog grew to 79.4m as of December 31, 1997, not including overhaul & repair orders which constitute 22% of annual sales. The growth in backlog reflected the acquisition of Central Engineering, as well as continued strong demand for the Company's core products. Successful implementation of the Company's strategic planning committee initiatives has fueled Cade's growth and they have targeted annual revenues in excess of 100 million by year 2000. Achieving this objective will be dependent upon expansion of Cade's products and services within there four primary product groups and strategic acquisitions. There are numerous opportunities in the four product groups, and they intend to invest resources throughout these groups with an emphasis on FAA-approved overhaul and repair capabilities. World economic stability, solid industry fundamentals and an aggressive growth plan should provide the conditions that result in above-average revenue and earnings growth for Cade Industries. Joe

To: Sergio H who wrote (2485)	6/12/1998 10:09:00 PM
From: Cary C	Read Replies (2) \| Respond to of 3563

Sergio I know when I spoke to you today that you hadn't had a chance to call the company yet so I have another question for you to ask if you wouldn't mind. This was from a previous news release.... Actual amounts expended increased by $1,484,000 ($792,000 attributable to Cenco) from the first quarter of 1997 to the same quarter of 1998. Factors contributing to the higher dollar level of administrative expenditures (excluding Cenco) were increased marketing costs, professional and consulting fees relating to development of internal production and information systems, certain insurance costs, administrative staff and related costs and travel-related costs incurred to support the higher current and expected sales volumes. .... I'm curious as to how much of the Cenco charges were one time charges and how much of the costs that were incurred in anticipation of the current and expected sales increases were one time charges. If they weren't one time charges, to they anticipate them growing at the same % of newer revenues If as lot of the charges were one time charges we would have a nice little windfall to the bottom line come next earnings report. They did mention that they anticipated growing income 60% to 50% revenues next year so this may have something to do with that Cary