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Non-Tech : HOEN --- next one to catch SCH,EGRP, and SIEB? -- Ignore unavailable to you. Want to Upgrade?

To: Bo Le who wrote (73)	2/10/1999 12:48:00 PM
From: Bo Le	Respond to of 118

Hoenig Group Inc. 4Q Net 15c/Diluted Shr Vs 11c Hoenig Group Inc. - Rye Brook, N.Y. 4th Quar Dec. 31: 1998 1997 Revenue $22,613,667 $20,543,606 Net income a 1,391,443 1,037,094 Avg shrs (basic) 8,545,999 9,220,225 Avg shrs (diluted) 9,208,643 9,633,270 Shr earns (basic) Net income a .16 .11 Shr earns (diluted) Net income a .15 .11 Year: Revenue 83,944,181 76,315,334 Net income a 4,685,719 3,579,664 Avg shrs (basic) 8,808,765 9,397,742 Avg shrs (diluted) 9,446,012 9,771,257 Shr earns (basic) Net income a .53 .38 Shr earns (diluted) Net income a .50 .37 a. Includes an after-tax restructuring charge of $200,000, or 2 cents a share. Excluding charge, operating income for the quarter was 17 cents a diluted share. Hoenig Group Inc. (HOEN) expects to incur additional non-recurring operating expenses of about $300,000 in the first quarter until restructuring of its Tokyo brokerage operations is completed in March. Hoenig provides global securities brokerage.