Continental schedules "Running Wide Open" conference call.CALHOUN, Ga.--(BUSINESS WIRE)--Oct. 29, 1996--Continental American Transportation Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :COAW) stated that it is unaware of any fundamental reason for the recent decline in its stock price. The company has scheduled a live tele-conference for Thursday, Oct. 31st at 4:05 p.m. est P.M. also p.m. or p.m. abbr. post meridiem Usage Note: By definition, 12 a.m. . All shareholders, investment professionals and analysts are invited to participate by calling 800/230-1074, ask for the "Running Wide Open" conference. This conference will be live and open to questions and answers from conferrees. The company recently released its year ended June 30, 1996 results. The company reported a less than expected loss of 21 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. for the year which was directly attributed to the significant profitability during the four months since its acquisition of Carpet Transport Inc. and related companies effective March 1, 1996. Several News Services erroneously reported the company's year end results with inappropriate comparative 1995 figures which was subsequently corrected, but may have lead to some confusion. Management intends to clarify the company's financial results and address its current and prospective endeavors via the scheduled conference call. As a further convenience to our shareholders this conference call will be made available via a digitized recording and accessible by calling 800/475-6701 and enter 320353 access code any time after the live tele-conference for a period of eight days. Continental American Transportation Inc. is a trucking and logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet company with operating subsidiaries engaged in the transportation of food, beverage and textiles. Continental ranks among the top 20 specialized trucking companies based on its present revenue base. CONTACT: Continental American Transportation Inc. Erik Bailey, CFO See Chief Financial Officer. , 706/625-4500 or Investor Relations Investor relations The process by which the corporation communicates with its investors. , 407/647-8444 |
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