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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Jens Tingleff who wrote (6014)	6/16/1998 10:03:00 AM
From: Sal D	Read Replies (2) \| Respond to of 29382

Jens, that's a tough one to answer because of the nature of the business, but hope this helps. On December 31, 1997 the Company's backlog of orders was 79.4 million which included 30.9 million of order backlog at Cenco. The 1997 year-end backlog included only the first two years of scheduled orders (17.7 million) under long-term agreements; 69.5 million is scheduled for shipment in 1998. The Company's backlog includes both firm orders supported by customer purchase orders with fixed delivery dates, and blanket purchase orders against which customers issue production releases covering relatively short time periods. Overhaul and repair orders, representing 22.3% of total 1997 sales, are excluded from the Company's order backlog due to their very short lead times. The Company's order backlog is subject to customer rights of cancellation or rescheduling, although in certain cases the Company would be entitled to receive termination payments. Joe P.S. As of March 31, 1998 total backlog has increased to 84.1 million. P.S.S. I would like to welcome you to the thread and wish your country good luck against South Africa on Thursday.