Management's Discussion and Analysis of Financial Condition and Results of Operations

Forward-Looking Statements
Certain statements made herein or elsewhere by or on behalf of the Company that are not historical facts are intended to be forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

The Company's goals for fiscal year 1999 include: (i) revenue growth of at least 20%, and (ii) earnings per share growth of 20%. The Company also plans to complete at least $250 million in acquisitions, which is in line with the $266 million achieved in fiscal year 1998, but above the $185 million and $179 million in acquisitions achieved in fiscal years 1997 and 1996, respectively. For fiscal year 1999, the Company also plans to improve its gross margin by approximately 50 to 100 basis points over its fiscal year 1998 gross margin.

The Company's strategic plan for the future includes the following goals: (i) achievement of $1 billion in revenue by fiscal year 2001 and (ii) earnings per share growth of 20% annually.

Forward-looking statements are based on assumptions about future events and are therefore inherently uncertain; actual results may differ materially from those projected. See "Cautionary Statements" on the next page.