Parent Of Hickory, TraveLeaders Targets Late '05 Profit

Assuming 'new business opportunities which the company believes will come to fruition in the last quarter of 2004,' AMLH said Hickory should gain roughly $2 million in net profit during the December quarter. 'The company's management is in the process of changing the HTS business model in an attempt to significantly reduce the amount of losses incurred during the first three quarters of each fiscal year,' AMLH said.