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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Shea who wrote (3751)	2/23/1999 9:47:00 AM
From: QuietWon	Respond to of 57584

I M C L - we got some "professional" newsletter supports now fnews.yahoo.com If I didn;t know better, they read all the posts on Si, then checked it out and are in support of it !

To: Kevin Shea who wrote (3751)	2/23/1999 9:56:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Here's a more concise picture of ROSI: USA Floral<ROSI.O>Q4 beats estimates, Q1 on target WASHINGTON, Feb 23 (Reuters) - Worldwide floral distributor U.S.A. Floral Products Inc. on Tuesday posted fourth quarter profits that exceeded Wall Street estimates and said it was comfortable with analysts' consensus estimate of higher first-quarter earnings. For the 1998 fourth quarter, the company reported revenues of $243.9 million and operating earnings of $1.7 million, or $0.11 share. Analysts polled by First Call had expected the company to earn $0.08 a share. Including charges, the company had a net loss of $1.3 million, or $0.08 per diluted share, compared with profits of $500,000, or $0.06 per diluted share, in the 1997 period. The company had a nonrecurring charge of $3.4 million in the 1998 fourth quarter to integrate certain warehouse and distribution facilities associated with its import and bouquet operations in Miami. The integration began in November and is expected to be completed by Sept. 30. The company also recorded a nonrecurring charge of about $1.6 million to write off the unamortized portion of the financing fee related to a credit facility that was replaced in October. U.S.A. Floral said its Valentine's Day sales might be off about 10 percent from a year ago since Valentine's Day fell on the Sunday of a long holiday weekend this year. It said lower product prices in the first quarter should allow wholesale and bouquet operations to improve operating margins. It said it remains comfortable with analysts' estimates that it will earn $0.49 a share in the 1999 first quarter. In the year-earlier period it earned $0.31 per diluted share. In Nasdaq trading Monday its shares closed at $12.25. ((--New York Newsdesk, 212-859-1700)) REUTERS