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

To: Count de Monie who wrote (3171)	8/28/1998 9:23:00 AM
From: BJ	Respond to of 3563

Thats the way I see it! BJ

To: Count de Monie who wrote (3171)	8/28/1998 10:27:00 AM
From: Patric	Read Replies (1) \| Respond to of 3563

Count: Re: earnings growth. There is no analyst coverage so I don't think anyone has projected earnings growth beyond this year. In a statement last spring which was reiterated in a recent shareholder letter, the President (Richard Lund) indicated that the company was projecting 1998 earnings to increase over the 1997 figure ($.11/share) by about 60% (see cade-industries.com and click on Cade in the News) which would put total 1998 earnings at about $.17-$.18/share. Since earnings for the first two quarters this year have been $.04 and $.05, respectively, even keeping steady at $.05 for the next two quarters would result in a year-end figure of $.19 or slightly better than Lund's estimate. I would not be surprised at .05 and $.06 for the next two quarters. For next year you could try a linear projection but I don't know that any particular number you came up with would have any solid basis in reality. Keep on Countin'. #B~]>