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Microcap & Penny Stocks : Berger Holdings BGRH -- Ignore unavailable to you. Want to Upgrade?

To: timmy e. who wrote (19)	7/6/1998 10:00:00 AM
From: Paul Lee	Read Replies (1) \| Respond to of 83

Doesn't sound lie earnings have caught up yet Berger Holdings Ltd. Reports 76% Increase in Second Quarter Revenue PHILADELPHIA--(BUSINESS WIRE)--July 6, 1998--Berger Holdings Ltd. (NASDAQ:BGRH) reported revenue of the second quarter ending June 30, 1998 of $9,739,000 vs. $5,514,000 for the comparable year earlier period, an increase of 76.6%. Revenue for the six months was $16,754,000 vs. $10,013,000, an increase of 67.3%. The company indicated that net income and cash flow figures would be reported during the first week in August. Theodore A. Schwartz, CEO, chairman, stated, "During the first half of 1998 we have pretty much completed the learning curve and absorbed the costs of the first major acquisition in the 125 year history of the company. This will serve us well as we prepare for future acquisitions." He further stated, "We are confident that the market will catch up to the company's fundamental progress and growth. We are accelerating our efforts to communicate the Berger story to the investment community."