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


To: MechanicalMethod who wrote (3194)9/10/1998 1:43:00 AM
From: Patric  Respond to of 3563
 
Hey, folks! Not a bad day for Cade, especially compared to the generally crappy market today, I'd say. It looks to me like, after weak volume all day someone came in at about 3:41 and started scooping up shares at the ask, some 17,000 all told. Can anyone with better access to this sort of information confirm this? I wonder whether the Fortune mention has sparked some new interest (finally!).
Here is a question--what sort of Q3 earnings would it take to really heat things up? 100% growth for Q2 produced no reaction at all (assuming as it seems the drop in price was unrelated to earnings). It would take $.06 to double last year's Q3 earnings, and that would put cumulative earnings for the year way ahead of schedule for the 60% yearly growth projected by the company last spring, so $.06 may be just a bit out of reach for this quarter. On the other hand, what if earnings came in at $.04 for the quarter? That would be 20% below Q2 but still 25% above last year's Q3, and would leave the company right on track to make the 60% number for the year. Thoughts, anyone? #|~}>



To: MechanicalMethod who wrote (3194)9/10/1998 4:43:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 3563
 
Not sure if Cade is involved in Turbo-props...
Wednesday September 9, 1:02 pm Eastern Time

Company Press Release

SOURCE: Rolls-Royce

Japan Air Self Defense Force Orders Aircraft
Powered By Rolls-Royce Allison Model 250 Engines

RESTON, Va., Sept. 9 /PRNewswire/ -- Rolls-Royce plc today announced business worth up to $24 million following a
decision by the Japan Air Self Defense Force to purchase aircraft powered by Model 250-B17F engines.

The 450 shaft horsepower turboprop engine will power the two-seat KM-2F aircraft manufactured by Fuji Heavy
Industries (FHI). The single-engine KM-2F will be used as the primary trainer for the Japan Air Self Defense Force. When
finalized, the program will require between 50 and 100 engines, with deliveries commencing in the year 2000.

Tommy Thomason, Rolls-Royce Vice President of Customer Operations, Small Aircraft Engines, said: ''This decision
maintains a long-standing relationship with Japanese military training programs in both airplanes and helicopters. We are
extremely pleased to be associated with Fuji Heavy Industries and the Japan Air Self Defense Force.''

The Model 250 family of turbine engines has accumulated more than 120 million flight hours in both airplane and helicopter
applications since introduction. Over 28,000 engines have been delivered and are powering both fixed-wing and
rotary-wing aircraft for commercial and military applications around the world.

SOURCE: Rolls-Royce

Related News Categories: aerospace/defense, airlines/aviation

;^)) DD