Forecast:

Net sales will increase by 14% in 1991 from the 1990 levels. Cost of sales and general & administrative expenses will account for the same percentage of sales as in 1990. Salaries and wages and officers' salaries are expected to increase by 4% from 1990. The tax rate is estimated at 35%. All other expenses, interest expense and other income will continue to grow proportionately to the first four months for the remaining eight months of the year.