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USA: Scheid Vineyards Inc. Reports Second Quarter Results; CEO Comments on Upcoming Harvest

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Scheid Vineyards Inc. (Nasdaq: SVIN) announced today its financial results for the second quarter ended June 30, 2000.For the three months ended June 30, 2000, revenues increased 12% to $303,000 from $271,000 in the 1999 period. Net loss increased to $619,000, or $.11 per share, for the 2000 period as compared to a net loss of $411,000, or $.


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