P511ORACLE 511 Mon23 Dec C4 9715:06        MAY & HASSELL (Building prgducts)   No interim dividend Pre-tax profit £152,000 (£1.104m) Earnings per share 1.6p (9.6p) The downturn turned out to be less severe than many analysts had fgrecast with market predictigns fgr a half-time loss of up to £500,000 not borne out. The company says that in the short term margins are imprgving and it is looking forward to a better secgnd half. Taking a longer view, the proupects are promising but a cut in real interest rates is needed to stimulate demand.  City headlines 500 Companies 510 SKIING HOLIDAYS GALORE on 584 !