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To: Logistics who wrote (8407)8/18/1998 1:24:00 PM
From: DR. MEADE  Read Replies (2) | Respond to of 8798
 
I just received a call that Jim Dines of the Dines Letter is coming out
with a strong buy on MDIN. Has anyone else heard this ? Is Dines still
well respected ? TIA, DR. MEADE



To: Logistics who wrote (8407)8/18/1998 2:24:00 PM
From: Gator  Read Replies (1) | Respond to of 8798
 
RESY ($4 3/8) came out with earnings (up 60% to $0.16!). News release not out yet, but numbers are on Edgar. Here's the details:

(3 months ending June 30th, 1998 vs. June 30th, 1997)
Revenue: $2,653,092 vs. $2,267,362 (up 17%)
Net Income: $242,547 vs. $148,808 (up 62.9%)
EPS: $0.16 vs. $0.10 (up 60%)
EPS (diluted): $0.14 vs. $0.09 (up 56%)
Shares Out: 1,473,950 vs. 1,473,950
Fully diluted shares outstanding: 1,691,411 vs. 1,578,510

Current ratio improved to 3.7:1 compared to 3.5:1 last quarter and 2.7:1 last year.

Book value improved to $1.67/share, vs. $1.50 last quarter and $1.03 last year.

The company still has $2.1 million left in Federal Tax Loss carryovers and $1.9 million in state tax loss carryovers.

No material long term debt.

Untapped $1 million line of credit thru M&I Bank.

Company has stated that they will begin a conservative acquisition program to accelerate sales (internal growth rate 15-20%).

Great Numbers!

Gator