Date: Thu, 20 Nov 1997 23:48:50 GMT Server: Apache/1.1.1 Content-type: text/html Content-length: 136857 Last-modified: Sun, 15 Jun 1997 14:23:15 GMT
They're smart, they're agile--and they're piling up earnings.
Meet the stars of the small-cap setGradall Industries Inc. may not fit your idea of a typical hot-growth company. For starters, the New Philadelphia (Ohio) company was founded more than 50 years ago. And while many small-cap wonders soar by riding the latest high-tech wave, Gradall sells giant earthmovers and other equipment used in highway construction and on building sites.
In the early 1980s, Gradall was well on its way to becoming just another Rust Belt relic. Spun off from AlliedSignal Inc. in a 1983 leveraged buyout, Gradall had withered as a result of meager investment in new products. And intense competition from the Japanese cut profits. When a band of former International Harvester Co. executives took over in 1985, they named ex-Harvester manufacturing executive Barry Phillips president. He improved the quality of Gradall's existing machines and began pumping millions into new product development. ''The opportunity was always here,'' says Phillips, who became CEO in 1995. ''Somebody just had to work hard enough to make it happen.''
The hard work has certainly paid off. Earnings at Gradall have skyrocketed an average of 113% annually, to $8.3 million, over the past three years, while return on capital has averaged a stunning 72.7%. And steady sales growth has topped 25% annually, to hit $141 million. The dynamic mix of fast growth and red-hot profits was enough to earn Gradall the No.11 spot on BUSINESS WEEK's 1997 list of the 100 fastest-growing small companies.
That combination of drive, ingenuity, and agility marks all the companies on BUSINESS WEEK's 1997 Hot Growth list. It also keeps them charging ahead faster than much bigger rivals. Sure, many giants of Corporate America continue to boast impressive gains. But these tiny dynamos still put them to shame. For the past three years, the 100 companies saw average annual sales growth of 57.2%, vs. 8.21% for the Standard & Poor's Industrial index. Earnings grew 133%, vs. 22.38% for the S&P, while return on capital hit 32.5%, vs. 12.2%.
NICE NICHES. Unlike Gradall, many of these supercharged superstars are cashing in on the high-tech revolution. Software, computer, and telecom companies alone hogged 41 spots. ''Any company that helps you use information and knowledge efficiently will be hot,'' says Thomas L. Doorley III, senior partner at Boston-based consultants Braxton Associates, which develops growth strategies.
That includes No.1 Yurie Systems Inc., which sells equipment that allows for the speedy transmission of video, voice, and data over satellite and phone links. Vitech America Inc. (No.2) manufactures PCs in the north Brazilian town of Ilheus, selling many direct to local buyers. And i2 Technologies (No.8) makes prepackaged software that aids supply-chain management.
Other small companies are capitalizing on Corporate America's drive to outsource. General Employment Enterprises (No.15) provides computer and networking workers for the financial-services and software industries, while Data Processing Resources Corp. (No.16) does similar staffing for the health-care, auto, and entertainment industries. Health care--along with services geared to the aging U.S. population--also proved lucrative. Chad Therapeutics Inc. (No. 32) makes portable oxygen units, while Help at Home Inc. (No.39) provides home assistance to the elderly.
Yet mining a hot trend isn't the only route to success. Others have found lucrative niches following only their entrepreneurial instincts. Firearms Training Systems (No.6) provides systems for use by the military and law-enforcement agencies that simulate battlefield action or dangerous street arrests. And Apex PC Solutions Inc. (No.3) makes cabinets that help network managers organize their computers.
Still, buyer beware: Although many thrived operationally last year, small-companies--including many Hot Growth stars--saw their shares hammered. Growth stocks slid deeply last summer; tech shares in particular nosedived as Wall Street worried about rich valuations and the impact of a slowing economy. Says John W. Ballen, portfolio manager of MFS Emerging Growth Fund: ''1996 was a disaster if you focused on small growth companies.''
To cut risks, investors poured money into large companies, which were generating surprisingly strong earnings. The combination has made blue-chip stocks a better investment than small caps--and given small-cap investors a jolting roller-coaster ride. It wasn't until January that the Russell 2000 small-cap index made up for its summer losses--then it promptly plunged again in February when interest rates rose. Altogether, the S&P 500 has rung up a 25% gain over the past 12 months, while the Russell 2000 is up just 2%. Even many Hot Growth companies whose sales and earnings sparkled lagged. Stocks on this year's list traded at an average of 64.3% of their 52-week highs, while the S&P 500 is near its 52-week high.
The small-cap correction also put the brakes on the once sizzling market for IPOs. According to S&P, $49.2 billion was raised last year in the IPO market, well above 1995's $31.1 billion. But the pace has fallen off, with only $7 billion raised through April. But so far, venture capitalists haven't fled: Last year, a record $6 billion in venture funding was raised.
Despite the disastrous 1996, some believe small caps may rebound. ''We've already felt the bulk of the pain,'' says Jack H. Laporte, manager of T. Rowe Price's New Horizons Fund. A capital-gains tax cut looks likely, which could give growth stocks a boost. If the U.S. dollar remains strong, earnings at larger companies could be hit; small fry are generally less affected by exchange rates. And should the U.S. economy slow, growth stocks may regain Wall Street's favor.
Of course, even if the market picks up, there's always the risk of a fall for these dynamos (page 104). Some may stumble trying keep up the growth, while others may remain too tied to one trendy product. And for investors, there's the added risk of picking highfliers while Wall Street shuns such stocks. But for those able to ford these difficult streams, potential rewards are high as well.
By Amy Barrett in Washington
The Tops in Sales and Sales Growth
SALES MILLIONS OF DOLLARS* ALPHANET SOLUTIONS $146.8 GRADALL INDUSTRIES 142.7 PRI AUTOMATION 140.9 FRENCH FRAGRANCES 140.5 ANCHOR GAMING 140.0 *LATEST FOUR QUARTERS SALES GROWTH AVERAGE ANNUAL RATE* YURIE SYSTEMS 385.1 % WEST COAST ENT. 198.2 SEACHANGE INTL. 194.3 I2 TECHNOLOGIES 151.1 ELTRON INTL. 139.0 *LATEST THREE YEARS
EARNINGS MILLIONS OF DOLLARS* SPACEHAB $48.3 BELCO OIL & GAS 43.6 ANCHOR GAMING 32.2 INNOVEX 23.8 BACOU USA 19.4 *LATEST FOUR QUARTERS EARNINGS GROWTH AVERAGE ANNUAL RATE* DATA PROCESSING 1,439.1 % VITECH AMERICA 640.8 SEACHANGE INTL. 424.4 YURIE SYSTEMS 410.4 OVERLAND DATA 380.2 *LATEST THREE YEARS DATA: STANDARD & POOR'S COMPUSTAT
The Tops in Market Value and Profitability
MARKET VALUE MILLIONS OF DOLLARS* I2 TECHNOLOGIES $1,083.0 REMEDY 901 BELCO OIL & GAS 663 INNOVEX 488 VERITAS SOFTWARE 465 *AS OF MAY 2,1997 PROFITABILITY AVERAGE ANNUAL RATE* GRADALL INDUSTRIES 72.7 YURIE SYSTEMS 72.0 ABACUS DIRECT 69.3 SPACEHAB 67.5 ACG-COMM 64.2 *LATEST THREE YEARS RETURN ON INVESTED CAPITAL
How Investors Fared
THE 1995 WINNERS... TWO-YEAR TOTAL RETURN APOLLO GROUP 341.8% SAFESKIN 251.0 ELECTRONICS FOR IMAGING 245.1 NOBILITY HOMES 233.9 ENCAD 212.8 NATIONAL TECHTEAM 175.6 JACK HENRY & ASSOCIATES 161.0 PMT SERVICES 159.1 EMPLOYEE SOLUTIONS 141.4 HIRSCH INTERNATIONAL 140.1 ...AND THE LOSERS TWO-YEAR TOTAL RETURN NETWORK SIX -95.7% BOLLINGER INDUSTRIES -91.0 NETMANAGE -85.3 RIVER OAKS FURNITURE -83.7 FTP SOFTWARE -82.9 GEERLINGS & WADE -78.1 NOBLE ROMAN'S -78.0 WONDERWARE -72.5 EIS INTERNATIONAL -70.5 TRANSMEDIA NETWORK -67.4 CALCULATED ON THE BASIS OF STOCK PRICE AS OF APR. 30; EXCLUDES COMPANIES NO LONGER TRADING DATA: STANDARD & POOR'S COMPUSTATTo win a position in this table, a company must excel in three ways. The selection process begins by ranking companies according to their three-year results in sales growth, earnings growth, and return on invested capital. The ranks in the table are calculated from these numbers. A company's composite rank is the sum of 0.5 times its rank in return on total capital, plus 0.25 times each of its growth ranks. 1997 Hot Growth Companies
Standard & Poor's Compustat, a division of The McGraw-Hill Companies, which has computerized financial data on 10,000 publicly traded corporations, provided the pool of companies from which winners were selected. To qualify, a company has to have annual sales of more than $10 million and less than $150 million, a current market value greater than $1 million, a current stock price greater than $2, and be actively traded. Banks, insurers, real estate firms, and utilities are excluded. So are companies with sharp declines in current financial results, as well as companies where other developments raise quest ions about future performance.
SALES and EARNINGS are the latest available through the most recent 12 months. Earnings include net income from continuing operations, before gains or losses from extraordinary items.
INCREASES in SALES and PROFITS are calculated using the least-squares method. If results for the earliest year are negative, the average is for two years.
RETURN ON CAPITAL is earnings plus minority interests and tax- adjusted interest expense expressed as a percent of total debt and equity. For ranking purposes, the maximum allowable annual return on invested capital is 100%. If companies have made substantial accounting restatements, long-term returns may be averaged for two years instead of three years.
Time periods vary according to the month of a company's fiscal yearend. Profitability and growth are calculated based on the most recently available data.
STOCK PRICE data are as of May 2, 1997. Aindicates that a company also appeared in last year's rankings (BW_May 27, 1996).
COMPANY(STOCK SYMBOL) |
CURRENT RESULTS |
THREE YEAR AVERAGES |
INVESTMENT DATA |
||||||
SALES |
EARNINGS |
INCREASE (%) |
RETURN ON |
HIGH-LOW RECENT |
P/E |
MARKET |
|||
1 YURIE SYSTEMS (YURI) Lanham, Md. 301-352-4600 Transports voice, video, and data traffic over a single network |
26.2 |
3.0 |
385.1 |
410.4 |
72.0 |
17 – 9 |
11 |
81 |
259 |
2 VITECH AMERICA (VTCH) Miami 305-477-1161
Manufactures and distributes computers in Brazil |
78.6 |
9.0 |
105.2 |
640.8 |
58.1 |
16 – 8 |
10 |
10 |
107 |
3 APEX PC SOLUTIONS (APEX) Woodinville, Wash. 206-402-9393
Their switching systems allow one person at one computer to operate multiple servers |
37.3 |
4.6 |
114.4 |
95.8 |
53.6 |
11 – 7 |
9 |
19 |
108 |
4 PJ AMERICA (PJAM) Birmingham, Ala. 205-836-1212
Pizza, primarily take-out |
16.8 |
1.4 |
74.0 |
138.1 |
50.5 |
22 – 12 |
15 |
24 |
71 |
5 POWERWAVE TECHNOLOGIES (PWAV) Irvine, Calif. 714-757-0530
Designs and makes radio-frequency power amplifiers for wireless networks |
66.8 |
8.7 |
87.0 |
162.6 |
43.4 |
25 – 11 |
20 |
35 |
216 |
6 FIREARMS TRAINING SYSTEMS (FATS) Suwanee, Ga. 770-813-0180
Provides simulation systems for small-arms training |
79.4 |
11.6 |
62.7 |
113.8 |
51.7 |
16 – 9 |
14 |
20 |
286 |
7 INFINITY FINANCIAL TECH. (INFN) Mountain View, Calif. 415-940-6100
Software applications for financial trading and risk management |
47.0 |
5.9 |
93.3 |
97.4 |
40.9 |
25 – 9 |
12 |
41 |
225 |
8 i2 TECHNOLOGIES (ITWO) Irving, Tex. 214-860-6000
Prepackaged software for supply chain management |
95.8 |
7.2 |
151.1 |
93.1 |
36.5 |
59 – 24 |
44 |
176 |
1083 |
9 SAPIENT (SAPE) Cambridge, Mass. 617-621-0200
Business consulting and technology solutions |
51.8 |
7.9 |
111.3 |
91.3 |
38.3 |
58 – 30 |
40 |
64 |
460 |
10 ABACUS DIRECT (ABDR) Westminster, Colo. 303-657-2800 Marketing and statistical modeling for direct-mail companies |
20.3 |
4.6 |
59.8 |
55.5 |
69.3 |
33 – 16 |
27 |
57 |
257 |
11 GRADALL INDUSTRIES (GRDL) New Philadelphia, Ohio 330-339-2211
Need to dig a big hole or move a big load? Call this manufacturer of construction equipment |
142.7 |
9.1 |
25.8 |
113.0 |
72.7 |
16 – 10 |
13 |
11 |
112 |
12 WIRELESS TELECOM GROUP (WTT) Paramus, N. J. 201-261-8797 ![]() Makes test equipment for wireless telecommunications |
24.3 |
7.9 |
66.8 |
105.6 |
37.1 |
17 – 8 |
10 |
22 |
173 |
13 FORRESTER RESEARCH (FORR) Cambridge, Mass. 617-497-7090
Analyzes and predicts the course of technology change |
28.4 |
4.5 |
50.6 |
62.4 |
52.2 |
29 – 16 |
20 |
32 |
168 |
14 CTC COMMUNICATIONS (CPTL) Waltham, Mass. 617-466-8080 ![]() Sells local, long-distance, and other telecom services. Watch out, AT&T |
36.8 |
4.7 |
37.6 |
282.9 |
35.3 |
18 – 6 |
7 |
16 |
67 |
15 GENERAL EMPLOYMENT ENTERPRISES (JOB) Oakbrook Terrace, Ill. 630-954-0400 ![]() Provides staffing for information-technology businesses |
25.7 |
2.0 |
27.8 |
181.6 |
44.5 |
16 – 8 |
11 |
15 |
29 |
16 DATA PROCESSING RESOURCES (DPRC) Newport Beach, Calif. 714-752-9111
Supplies companies with information-technology staffs |
74.9 |
4.5 |
36.8 |
1439.1 |
32.9 |
30 – 16 |
19 |
31 |
191 |
17 ROCKSHOX (RSHX) San Jose, Calif. 408-435-7469
Smooth riding: builds suspension systems for bicycles |
106.2 |
8.2 |
56.7 |
43.0 |
63.0 |
19 – 11 |
16 |
22 |
211 |
18 LOGAN'S ROADHOUSE (RDHS) Nashville 615-885-9056 ![]() |
41.2 |
4.1 |
65.6 |
60.3 |
40.2 |
28 – 14 |
17 |
24 |
104 |
19 DOCUMENT SCIENCES (DOCX) San Diego 619-625-2000
Produces software that helps customize mass-produced documents |
16.6 |
1.4 |
61.9 |
48.7 |
50.0 |
16 – 3 |
4 |
28 |
46 |
20 INFINIUM SOFTWARE (INFM) Hyannis, Mass. 508-778-2000
Sells business software: finance, accounting, and human resources |
77.1 |
1.5 |
13.3 |
124.9 |
58.0 |
20 – 5 |
6 |
49 |
71 |
21 INTL. TELECOMM. DATA SYSTEMS (ITDS) Stamford, Conn. 203-329-3300
Provides transactional and billing solutions for telecommunications services |
18.0 |
2.0 |
74.1 |
45.7 |
43.4 |
25 – 10 |
12 |
47 |
103 |
22 SEACHANGE INTERNATIONAL (SEAC) Maynard, Mass. 508-897-0100
Digital video gear for delivering ads, infomercials, and pay-per-view movies |
57.1 |
5.3 |
194.3 |
424.4 |
22.6 |
40 – 12 |
19 |
43 |
238 |
23 DAVOX (DAVX) Westford, Mass. 508-952-0200
This provider of technology to telemarketing and customer-service operations is ringing up sales |
59.5 |
11.2 |
17.5 |
195.8 |
42.0 |
45 – 24 |
35 |
26 |
257 |
24 REMEDY (RMDY) Mountain View, Calif. 415-903-5200 ![]() |
90.9 |
19.3 |
110.9 |
117.0 |
26.8 |
56 – 22 |
34 |
53 |
901 |
25 SPACEHAB (SPAB) Vienna, Va. 703-821-3000 ![]() Space is the place; modules for people working in space |
94.5 |
48.3 |
9.4 |
75.1 |
67.5 |
15 – 5 |
6 |
1 |
67 |
26 COHERENT COMMUNICATIONS SYSTEMS (CCSC) Leesburg, Va. 703-729-6400 ![]() Digital and acoustic echo-cancellation technology |
59.3 |
10.5 |
34.4 |
174.7 |
32.2 |
30 – 12 |
18 |
26 |
272 |
27 NCO GROUP (NCOG) Blue Bell, Pa. 610-832-1440
Accounts-receivable management firm |
30.8 |
3.6 |
59.2 |
61.1 |
33.8 |
30 – 16 |
24 |
34 |
160 |
28 ACE-COMM (ACEC) Gaithersburg, Md. 301-721-3000
Get directory assistance with their telecom information systems |
28.6 |
2.2 |
17.3 |
62.8 |
64.2 |
18 – 7 |
14 |
50 |
107 |
29 STAFFMARK (STAF) Fayetteville, Ark. 501-973-6000
Provider of personnel for businesses and government |
104.5 |
104.5 |
98.7 |
95.2 |
27.3 |
17 – 10 |
15 |
35 |
198 |
30 BILLING INFORMATION CONCEPTS (BILL) San Antonio 210-949-7000
Third-party billing vendors for telecommunication companies |
108.8 |
19.0 |
31.7 |
42.7 |
62.6 |
33 – 16 |
26 |
22 |
390 |
31 STORAGE COMPUTER (SOS) Nashua, N.H. 603-880-3005
As their name says, specialists in computer storage systems ![]() |
31.0 |
5.1 |
60.9 |
112.8 |
26.9 |
20 – 8 |
12 |
28 |
130 |
32 CHAD THERAPEUTICS (CTU) Chatsworth, Calif. 818-882-0883 ![]() Breathe easy: Maker of portable oxygen units |
26.3 |
5.7 |
40.5 |
43.1 |
43.6 |
21 – 6 |
8 |
14 |
77 |
33 FOUNTAIN POWERBOAT INDS. (FPWR) Washington, N. C. 919-975-2000
Manufactures high-performance sport boats, fishing boats, and sport cruisers |
48.1 |
4.4 |
20.0 |
203.6 |
32.6 |
25 – 9 |
18 |
13 |
57 |
34 ENCAD (ENCD) San Diego 619-452-0882 ![]() Color ink-jet printers for floor plans and other large graphics |
119.3 |
14.4 |
64.9 |
63.4 |
29.1 |
47 – 16 |
38 |
32 |
434 |
35 CKS GROUP (CKSG) Cupertino, Calif. 408-366-5100
If you make it, they sell it: integrated marketing communications |
96.1 |
10.7 |
88.3 |
249.0 |
20.4 |
45 – 18 |
26 |
35 |
344 |
36 DOVER DOWNS ENTERTAINMENT (DVD) Dover, Del. 302-674-4600
Auto racing, harness racing, and video-lottery operation |
87.6 |
14.3 |
55.1 |
47.9 |
34.9 |
27 – 16 |
16 |
17 |
248 |
37 INFORMATION MGMT. RESOURCES (IMRS) Clearwater, Fla. 813-797-7080
Provides and maintains suites of software for big-name companies |
36.2 |
3.3 |
33.7 |
76.8 |
34.9 |
29 – 11 |
29 |
106 |
277 |
38 AWARD SOFTWARE INTL. (AWRD) Mountain View, Calif. 415-968-4433
Software that interfaces between Windows and computer hardware |
15.7 |
3.4 |
51.9 |
51.4 |
34.3 |
19 – 6 |
12 |
24 |
80 |
39 HELP AT HOME (HAHI) Chicago 312-663-4244
Provides care givers for the elderly or disabled |
17.6 |
0.7 |
81.5 |
131.6 |
22.5 |
8 – 4 |
4 |
14 |
8 |
40 NEW YORK BAGEL ENTERPRISES (NYBS) Wichita 316-267-7373
Hey, Mista, cream cheese or butta? Bagel shop chain |
13.6 |
0.7 |
45.7 |
97.8 |
29.3 |
11 – 3 |
5 |
23 |
21 |
41 FRENCH FRAGRANCES (FRAG) Miami Lakes, Fla. 305-620-9090
Manufactures and distributes fragrances and skin-care products |
140.5 |
8.2 |
56.9 |
121.2 |
25.2 |
10 – 6 |
8 |
12 |
99 |
42 ELTRON INTERNATIONAL (ELTN) Simi Valley, Calif. 805-579-1800 ![]() Check out this maker of bar-code-label printers |
92.7 |
10.5 |
139.0 |
107.0 |
22.3 |
39 – 18 |
20 |
15 |
148 |
43 PROCOM TECHNOLOGY (PRCM) Irvine, Calif. 714-852-1000
CD-ROMs, servers and arrays, RAID systems, and upgrade storage solutions |
93.9 |
5.7 |
21.6 |
57.3 |
47.7 |
20 – 9 |
11 |
18 |
116 |
44 CLAREMONT TECHNOLOGY GROUP (CLMT) Beaverton, Ore. 503-690-4000
They'll design a strategy and system to put your information-technology house in order |
61.7 |
4.6 |
47.2 |
26.1 |
39.4 |
37 – 14 |
17 |
35 |
132 |
45 SEMTECH (SMTC) Newbury Park, Calif. 805-498-2111
Semiconductors used for computer, aerospace, and military industries |
65.4 |
7.7 |
52.8 |
348.8 |
21.1 |
26 – 6 |
23 |
19 |
140 |
46 ALPHANET SOLUTIONS (ALPH) Cedar Knolls, N. J. 201-267-0088
Manufactures computer hardware and software; provides related services |
146.8 |
4.1 |
33.0 |
108.3 |
30.3 |
17 – 7 |
15 |
19 |
77 |
47 MECHANICAL DYNAMICS (MDII) Ann Arbor, Mich. 313-994-3800
Virtual prototyping software for engineering firms and the automotive industry |
26.0 |
2.2 |
20.6 |
32.0 |
57.4 |
21 – 6 |
7 |
17 |
39 |
48 WEST COAST ENTERTAINMENT (WCEC) Newtown, Pa. 215-968-4318
Helps take your favorite flicks from the silver screen to your own screen |
73.3 |
3.7 |
198.2 |
326.5 |
13.0 |
14 – 6 |
6 |
16 |
79 |
49 WHITTMAN-HART (WHIT) Chicago 312-922-9200
Provider of information-technology, consulting, and systems-integration services |
98.7 |
6.9 |
56.5 |
69.9 |
26.8 |
28 – 11 |
23 |
65 |
453 |
COMPANY(STOCK SYMBOL) |
CURRENT RESULTS |
THREE YEAR AVERAGES |
INVESTMENT DATA |
||||||
SALES |
EARNINGS |
INCREASE (%) |
RETURN ON |
HIGH-LOW RECENT |
P/E |
MARKET |
|||
50 ARBOR SOFTWARE (ARSW) Sunnyvale, Calif. 408-744-9500
Develops, markets, and supports database software for business planning |
47.4 |
5.8 |
122.6 |
294.7 |
13.2 |
71 – 17 |
27 |
53 |
292 |
51 HPR (HPRI) Cambridge, Mass. 617-679-8000 ![]() |
35.3 |
6.1 |
37.2 |
58.8 |
31.3 |
28 – 10 |
14 |
37 |
214 |
52 UNISON SOFTWARE (UNSN) Santa Clara, Calif. 408-988-2800 ![]() Programs for workload, storage, and output management |
37.5 |
5.3 |
37.1 |
109.6 |
27.0 |
22 – 4 |
6 |
14 |
74 |
53 VERITAS SOFTWARE (VRTS) Mountain View, Calif. 415-335-8000 ![]() Programs that help convert large mainframes to smaller computer systems |
41.1 |
10.9 |
48.1 |
117.4 |
23.9 |
57 – 17 |
34 |
45 |
465 |
54 AMERICAN COIN MERCHANDISING (AMCN) Boulder, Colo. 303-444-2559
Take a ride with this amusement-park prize vendor |
38.3 |
2.6 |
47.3 |
54.6 |
30.5 |
9 – 4 |
7 |
15 |
38 |
55 STRAYER EDUCATION (STRA) Washington, D.C. 202-408-2400
A regional college specializing in business and computer classes |
46.4 |
13.8 |
14.9 |
45.7 |
48.5 |
27 – 10 |
26 |
15 |
243 |
56 COMPLETE MANAGEMENT (CMI) New York City 212-868-1188
Doctors Inc.: physicians practice management company |
31.0 |
31.0 |
86.5 |
37.9 |
27.6 |
17 – 8 |
11 |
16 |
109 |
57 LUMISYS (LUMI) Sunnyvale, Calif. 408-733-6565
They can convert your X-rays and MRIs to a digital format that can be stored on a CD |
23.7 |
3.5 |
59.1 |
63.0 |
25.3 |
30 – 6 |
6 |
12 |
41 |
58 OPTICAL CABLE (OCCF) Roanoke, Va. 540-265-0690
Manufactures tight-buffered fiber-optic cables |
47.3 |
8.5 |
23.4 |
47.5 |
40.8 |
27 – 4 |
11 |
53 |
435 |
59 VIDEOSERVER (VSVR) Burlington, Mass. 617-229-2000
Their hardware and software allow you to videoconference with other computer users |
54.6 |
11.2 |
89.2 |
208.4 |
13.1 |
55 – 12 |
18 |
22 |
230 |
60 CHANNELL COMMERCIAL (CHNL) Temecula, Calif. 909-694-9160
Manufactures cable enclosure boxes |
50.6 |
10.5 |
24.8 |
65.5 |
31.6 |
15 – 9 |
11 |
9 |
102 |
61 Q. E.P. (QEPC) Boca Raton, Fla. 561-994-5550
Manufactures and distributes specialty tools |
33.1 |
1.8 |
34.8 |
49.3 |
31.9 |
10 – 6 |
7 |
8 |
20 |
62 INTEVAC (IVAC) Santa Clara, Calif. 408-986-9888
Manufactures equipment used in making disk drives |
104.2 |
6.5 |
62.5 |
313.8 |
13.8 |
26 – 10 |
14 |
28 |
171 |
63 CHICAGO MINIATURE LAMP (CHML) Canton, Mass. 617-828-2948
Their bright idea? Miniature lights for car dashboards and appliances |
108.9 |
16.0 |
72.3 |
247.9 |
13.5 |
45 – 17 |
23 |
25 |
445 |
64 METRO NETWORKS (MTNT) Houston 713-407-6000
Provides local news, sports, weather, and traffic to radio and TV stations |
109.2 |
16.0 |
30.5 |
92.2 |
28.0 |
27 – 19 |
24 |
19 |
393 |
65 HORIZON MENTAL HEALTH MGMT. (HMHM) Lewisville, Tex. 972-420-8200
Contract manager of mental health programs in acute-care hospitals |
70.1 |
6.6 |
25.8 |
127.5 |
26.6 |
20 – 14 |
17 |
17 |
94 |
66 SYMETRICS INDUSTRIES (SYMT) Melbourne, Fla. 407-254-1500 ![]() From voice-mail to telecommunications software and electronics |
23.2 |
1.9 |
33.5 |
55.9 |
31.0 |
17 – 7 |
8 |
6 |
13 |
67 CYANOTECH (CYAN) Kailua Kona, Hawaii 808-326-1353
Uses microalgae to produce a variety of products |
11.4 |
4.2 |
64.7 |
178.1 |
15.3 |
9 – 5 |
6 |
24 |
77 |
68 MIAMI COMPUTER SUPPLY (MCSC) Dayton 937-291-8282
Distributor of computer supplies, presentation products, and media storage systems |
71.1 |
1.2 |
28.9 |
66.7 |
28.7 |
14 – 9 |
10 |
21 |
34 |
69 SCB COMPUTER TECHNOLOGY (SCBI) Memphis 901-754-6577
An information-management consulting firm |
59.6 |
4.7 |
36.6 |
208.8 |
20.4 |
31 – 14 |
18 |
29 |
136 |
70 PRI AUTOMATION (PRIA) Billerica, Mass. 508-663-8555
Combines robotics with materials handling software to automate integrated circuit making |
140.9 |
15.2 |
79.0 |
120.6 |
15.3 |
28 – 5 |
28 |
29 |
417 |
71 TRANSITION SYSTEMS (TSIX) Boston 617-723-4222
Management-control techniques for health-care delivery |
38.5 |
10.0 |
25.0 |
57.8 |
31.4 |
36 – 8 |
13 |
27 |
217 |
72 SYNTHETECH (NZYM) Albany, Ore. 541-967-6575
Provides modified amino acids for the pharmaceutical industry |
13.3 |
4.4 |
49.9 |
58.2 |
26.1 |
14 – 6 |
7 |
20 |
101 |
73 SPSS (SPSS) Chicago 312-329-2400
Statistical analysis software for market research and business |
86.1 |
7.8 |
24.9 |
30.0 |
36.5 |
34 – 17 |
28 |
30 |
213 |
74 MICREL (MCRL) San Jose, Calif. 408-944-0800 ![]() |
74.4 |
10.6 |
54.7 |
203.6 |
16.4 |
44 – 12 |
43 |
41 |
404 |
75 HIRSCH INTERNATIONAL (HRSH) Hauppauge, N. Y. 516-436-7100 ![]() A stitch in time: Embroidery equipment and software |
125.4 |
8.8 |
34.4 |
28.8 |
31.9 |
23 – 13 |
19 |
17 |
148 |
76 ACTION PERFORMANCE (ACTN) Tempe, Ariz. 602-894-0100
Gentlemen, start your engines: sells models of NASCAR and NHRA racers |
69.9 |
7.9 |
44.2 |
206.7 |
18.5 |
27 – 10 |
26 |
44 |
341 |
77 ADE (ADEX) Newton, Mass. 617-969-0600
Builds semiconductor inspection systems |
83.8 |
11.1 |
38.9 |
375.9 |
18.4 |
22 – 8 |
20 |
14 |
167 |
78 BENCHMARQ MICROELECTRONICS (BMRQ) Dallas 972-437-9195
Manufactures integrated circuits and electronic modules |
43.4 |
7.6 |
37.4 |
81.0 |
24.0 |
30 – 7 |
20 |
20 |
136 |
79 ALIGN-RITE INTERNATIONAL (MASK) Burbank, Calif. 818-843-7220 ![]() Makes photomasks used to manufacture integrated circuits |
37.6 |
5.3 |
23.7 |
58.3 |
29.4 |
14 – 9 |
12 |
11 |
52 |
80 K&G MEN'S CENTER (MENS) Atlanta 404-351-7987
Operates men's apparel superstores. Accessories, too |
88.1 |
4.6 |
32.1 |
56.2 |
27.8 |
20 – 10 |
17 |
36 |
163 |
81 BACOU USA (BACU) Smithfield, R. I. 401-233-0333
A sight for sore eyes: Manufactures products that protect the eyes and respiratory systems of workers |
109.3 |
19.4 |
42.1 |
53.4 |
26.2 |
19 – 15 |
15 |
13 |
255 |
82 COMPUTER MANAGEMENT SCIENCES (CMSX) Jacksonville, Fla. 904-737-8955 ![]() Management consulting, outsourcing, staffing, and business reengineering |
51.9 |
6.6 |
53.5 |
98.5 |
18.7 |
25 – 11 |
15 |
34 |
189 |
83 CYBEX COMPUTER PRODUCTS (CBXC) Huntsville, Ala. 205-430-4000 ![]() Switches that allow users to access more than 100 PCs at once |
34.6 |
5.8 |
39.0 |
61.8 |
23.6 |
21 – 13 |
18 |
17 |
97 |
84 VIASAT (VSAT) Carlsbad, Calif. 760-438-8099
Networking hardware and software for satellite and wireless communications |
42.8 |
2.5 |
51.9 |
66.3 |
20.4 |
12 – 8 |
9 |
23 |
70 |
85 PCD (PCDI) Peabody, Mass. 508-532-8800
Designs, manufactures, and markets electronic connectors |
26.0 |
4.8 |
31.4 |
118.6 |
20.6 |
18 – 10 |
15 |
20 |
86 |
86 INNOVEX (INVX) Hopkins, Minn. 612-938-4155 ![]() |
109.5 |
23.8 |
40.2 |
62.9 |
22.5 |
35 – 7 |
34 |
21 |
488 |
87 EQUITY MARKETING (EMAK) Beverly Hills, Calif. 310-887-4300
Designs and manufactures toys used in promotional tie-ins |
115.2 |
7.5 |
36.0 |
29.1 |
28.4 |
26 – 13 |
19 |
15 |
73 |
88 OVERLAND DATA (OVRL) San Diego, Calif. 619-571-5555
Maker of magnetic tape systems used to back up and store computer data |
55.7 |
3.9 |
17.8 |
380.2 |
20.2 |
13 – 5 |
5 |
11 |
52 |
89 SEATTLE FILMWORKS (FOTO) Seattle, Wash. 206-281-1390
Direct marketer of photofinishing products. They'll turn your film into prints, slides, or digital images |
92.5 |
9.1 |
25.3 |
30.7 |
30.8 |
15 – 10 |
10 |
20 |
163 |
90 ANCHOR GAMING (SLOT) Las Vegas 702-896-7568 ![]() It operates gaming machines, develops games, and operates casinos in Colorado |
140.0 |
32.2 |
60.0 |
48.5 |
20.2 |
71 – 24 |
28 |
12 |
371 |
91 GADZOOKS (GADZ) Dallas 214-991-5500
Casual clothes for teenagers |
128.4 |
8.0 |
49.8 |
84.6 |
16.8 |
41 – 18 |
26 |
30 |
223 |
92 BELCO OIL & GAS (BOG) New York City 212-644-2200.
Looks for oil and gas, drills for it, and takes it out of the ground |
116.4 |
43.6 |
81.8 |
23.1 |
20.3 |
37 – 18 |
21 |
15 |
663 |
93 LCS INDUSTRIES (LCSI) Clifton, N. J. 201-778-5588
Direct-mail advertising services |
98.6 |
7.9 |
22.1 |
148.7 |
19.4 |
27 – 10 |
15 |
9 |
67 |
94 ARROW-MAGNOLIA INTERNATIONAL (ARWM) Dallas 972-247-7111
Clean up with these equipment maintenance products |
10.6 |
1.1 |
18.7 |
79.2 |
22.5 |
5 – 3 |
5 |
12 |
11 |
95 CONSO PRODUCTS (CNSO) Union, S. C. 864-427-9004 ![]() |
71.9 |
7.3 |
39.9 |
50.9 |
20.7 |
16 – 10 |
14 |
14 |
103 |
96 OVID TECHNOLOGIES (OVID) New York City 212-563-3006
Database information-retrieval software |
34.8 |
3.1 |
43.3 |
58.6 |
20.1 |
12 – 7 |
8 |
18 |
46 |
97 PERFORMANCE TECHNOLOGIES (PTIX) Rochester, N. Y. 716-256-0200
High-performance, fault-tolerant communications and networking products |
26.7 |
3.9 |
33.0 |
45.5 |
24.6 |
18 – 9 |
12 |
15 |
59 |
98 AULT (AULT) Minneapolis 612-493-1900
Maker of external power supplies, battery chargers, and AC transformers |
38.7 |
1.5 |
28.7 |
111.4 |
18.2 |
17 – 6 |
7 |
14 |
29 |
99 BALLANTYNE OF OMAHA (BTN) Omaha 402-453-4444 ![]() |
55.1 |
5.7 |
31.9 |
47.5 |
23.0 |
17 – 7 |
14 |
22 |
123 |
100 INDUS GROUP (IGRP) San Francisco 415-904-5000
Develops, markets, and supports management software |
81.5 |
10.2 |
43.5 |
54.3 |
19.4 |
26 – 13 |
15 |
28 |
279 |
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