	foothill group fgi sees better first quarter don gevirtz chairman of the foothill group inc told reuters the company s first quarter results will be up sharply over last year s eight cents a share first quarter results will be dramatically better he said following a presentation to analysts he cited a sharp drop in non ing assets healthy asset growth and lower expenses he declined to predict specific results for the first quarter in the first quarter the commerical finance company ed dlrs or eight cts per share gevirtz also declined to predict full year results but said we expect an excellent year in foothill ed dlrs or cts per share analysts expect foothill to record ings of cts to cts a share in during the presentation gevirtz said foothill has reduced to less than five pct the company s level of non performing assets which was as high as eight pct in previous years david hilton chief financial officer said the company s general and administrative expenses in will be reduced to about to pct of average assets from pct in the company had average assets of mln dlrs from continuing operations and mln dlrs from discontinued operations in according to its annual report reuter 
