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MAIN ST. & MAIN INC. SHARES NOW TRADE IN NASDAQ NATIONAL MARKET

 MAIN ST. & MAIN INC. SHARES NOW TRADE IN NASDAQ NATIONAL MARKET
 SCOTTSDALE, Ariz., Oct. 29 /PRNewswire/ -- Main St. & Main Inc. (NASDAQ: MAIN) (the "company") announced today that its common stock will begin trading on Oct. 30, 1992, in the NASDAQ National Market. The company is a restaurant operator and a food company which operates seven T.G.I. Friday's restaurants, the Carnation Dairy of Arizona, a full-line dairy, and Dairy Maid Foods Inc., a major Arizona-based distributor of a wide variety of frozen foods.
 Steven Sherman, chairman and chief executive officer noted that Main St. & Main Inc.'s entry into the NASDAQ National Market provides brokers and others with immediate access to the best bid and asked prices and other information about the company's shares throughout the trading day. Those prices are available over more than 190,000 electronic terminals in brokers' offices throughout the United States and the free world. Trading data are also distributed widely through wire services for selective dissemination by newspapers and radio and television stations.
 Main St. & Main Inc. reported second quarter earnings of $405,000 on approximately 10,425,000 shares issued and outstanding. The company has more than $33,000,000 in assets with $8,900,000 in shareholders' equity.
 -0- 10/29/92
 /CONTACT: Robert McGeorge of Main St. & Main, 602-951-3200/
 (MAIN) CO: Main St. & Main ST: Arizona IN: REA FOD SU:


KJ -- LA020 -- 6643 10/29/92 13:57 EST
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Publication:PR Newswire
Date:Oct 29, 1992
Words:239
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