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Murdock expects revenues 82% higher than past quarter's

Salt Lake-based Murdock Group Holding Corp.'s first-quarter revenues are expected to be up 82 percent over the figure from the fourth quarter of 2000, the company said.

Murdock, involved in employment services and real estate development, said more than $250,000 in revenue has been booked during the first quarter and that it expected to post more than $300,000 in sales for the quarter that ends Saturday. In the fourth quarter of 2000, it had sales of about $165,000.

The company expects to release final figures for the first quarter by April 16.

The company said the increase was due to a "renewed presence in the career market" and belief that the company is nearly finished with a restructuring that began in September.

Founded in 1983, the Murdock Group is a business incubator with an emphasis in the employment industry. It has incubated Internet offerings, an employment portal, and CareerWebSource, a business-to-business employment information company and brick and mortar career-coaching provider.

The Murdock Group also has a real estate development group specializing in small to mid-sized entitlement projects.