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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Bowman who wrote (6133)	11/6/1998 11:36:00 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18929

Hi Bruce, Nice to let those profits ride a bit on OMQP. I'm looking forward to getting to that point, but am at just 18% Cash Reserve so far. Next Sell is at $15-3/4, I believe. That will have to wait for next week. This AM Veale's Intl. Equity Warehouse shipped out 7% of IDTI to a happy new owner. They were willing to pay $6-7/8 for the privilege of ownership. That was a 55% LIFO gain on that trade, but alas, it took almost two months to make that! The remaining inventory is now back in the black. Oh, BTW, I'll have to send a note to my silent partner, Uncle Sam, to tell him he suffered a loss in this sale! Best regards, Tom

To: Bruce A. Bowman who wrote (6133)	11/6/1998 1:04:00 PM
From: OldAIMGuy	Respond to of 18929

Hi Bruce, Here's the latest on OMQP: Omniquip Reports Record Fourth Quarter and Fiscal 1998 Results Business Wire - November 06, 1998 08:30 PORT WASHINGTON, Wis.--(BUSINESS WIRE)--Nov. 6, 1998--OmniQuip International, Inc. (NASDAQ/NMS:OMQP), the largest North American manufacturer of telescopic material handlers, today announced record sales and earnings for the fourth quarter and year ended September 30, 1998. Net sales for the fourth quarter of fiscal 1998 were $132.0 million, a 97% increase from sales of $66.9 million for the same quarter in the prior year. Net income was $8.0 million or $0.56 per diluted share for the fourth quarter of fiscal 1998, up 34% from net income of $6.0 million or $0.41 per diluted share for the comparable prior period. Whole report: go2net.newsalert.com Best regards, Tom