(PLCC) Paulson Capital Corp. Reports First Quarter Results.Business/News Editors PORTLAND Portland, town, England Portland, town (1991 pop. 12,945), Dorset, S England. It is on the Isle of Portland, a small rocky peninsula. Portland stone has been used in St. Paul's Cathedral and other important London buildings. Lobsters and crabs are harvested. , Ore.--(BUSINESS WIRE)-- May 9, 2000 Paulson Paulson may refer to:
Revenues totaled $24,981,977 versus restated March 31, 1999 revenues of $5,635,336. Net earnings were $9,111,084 (or $2.57 per share) versus restated earnings of $1,048,963 (or $0.28 per share) for the comparable year ago period. "First quarter earnings, although they were excellent, do not reflect the severe price decline that happened the first part of April. With market conditions continuing to be volatile, and unless there is a turnaround Turnaround A situation where a company that has had poor performance for an extended period of time experiences a positive reversal. Notes: A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. , we anticipate a substantial loss for the second quarter," stated Chester L.F. Paulson, Chairman. Paulson Capital Corp. is the parent company of Paulson Investment Company, a full service brokerage firm and investment banking company. The release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " based on current expectations but involving known and unknown risks and uncertainties. Actual results or achievements may be materially different from those expressed to implied. The Company's plans and objectives are based on assumptions involving judgments with respect to future economics, competitive and market conditions, its ability to consummate To carry into completion; to fulfill; to accomplish. A Common-Law Marriage is consummated when the parties live in a manner intended to bring about public recognition of their relationship as Husband and Wife. , and the timing of, acquisitions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate. |
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