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SECOM GENERAL CORPORATION ISSUES STATEMENT REGARDING RECENT DECLINE IN STOCK PRICE

 SECOM GENERAL CORPORATION ISSUES STATEMENT
 REGARDING RECENT DECLINE IN STOCK PRICE
 NOVI, Mich., Oct. 7 /PRNewswire/ -- Secom General Corporation (NASDAQ/NMS: SECM) said today that it believes the decline in its stock price, from $5.75 at Sept. 1, 1992, to approximately $3.75 today, is primarily the result of stockholder selling pressures and market conditions.
 With respect to the company's fourth-quarter results for the three months ended Sept. 30, 1992, management believes those operating results could come in less than the originally estimated 3 to 12 cents per share. The company said that preliminary results, subject to final adjustments, will be released next week.
 -0- 10/7/92
 /CONTACT: David J. Marczak, secretary/treasurer of Secom General, 313-349-8970; or Alex Tassos of Alex Tassos & Associates, 619-748-0787, for Secom General/
 (SECM) CO: Secom General Corporation ST: Michigan IN: MAC SU:


SB -- DE016 -- 7494 10/07/92 13:34 EDT
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Publication:PR Newswire
Date:Oct 7, 1992
Words:149
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