To: Prince who wrote (18353 ) 11/10/1998 12:37:00 PM From: Jenna Read Replies (2) | Respond to of 120523
VRIO..popping..RMII in at 7 now 12 3/4. PKS in 25 beat estimates up 2 5/8 and still climbing, That one PKS had a great chart before todays earnings report. didnt trade until nearly 10 this morning. Now many blocks of 10-30,000 going through. All the indicators were excellent.. MACD, Williams %R, Relative Strength all the moving averages... still 10 points below the 52 week high. Very interested in this one. I was asked on November 2 about my opinion on this stock have followed it since then. Premier Parks' Profit Surged More Than Threefold, Topping Estimates NEW YORK -(Dow Jones)- Premier Parks Inc. Tuesday said its third-quarter profit more than tripled on record performances at its existing theme parks and the inclusion of figures from recent acquisitions. Premier Parks (PKS) earned $100.8 million, or $1.24 a diluted share, up from $27.2 million, or 72 cents a diluted share, a year earlier. The results easily surpassed the mean estimate of analysts surveyed by First Call for a profit of 99 cents a share. Revenue skyrocketed to $446.4 million from $120.0 million, while adjusted cash flow, or earnings before iterest, taxes, depreciation and amortization, grew to $243.3 million from $55.7 million. The Oklahoma City, Okla., company said profit was driven by record performances at parks controlled by the company prior to the 1998 season and by two additions: Six Flags, which the company acquired in February for $965 million and the assumption of $890 million in debt; and Belgium's Walibi SA, a European theme-park operator that was purchased last year for between $76 million and $84 million. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved.