CATALOGS -- Riding the e-Wave

Sanfelippo agrees. "We anticipate exciting, new growth in the catalog segment at Perry Judd's in 2001. With continued consumer optimism and a slowing, but still robust economy, our customers are projecting increases in volume as we approach production for the new year. A moderation in paper prices in many grades, along with a reasonably manageable increase in postage in 2001, should provide for a predictable cost environment."