Currently trading at 3 to 4 cents. Looks like a bargain compared to what the CEO/Director did their acquiring at late last year (between 13 cents and a dollar). REMEMEBER: DO YOUR OWN DD BEFORE YOU INVEST. THIS SUBJECT IS ONLY FOR DISCUSSION AND IS NOT INTENDED AS A RECOMMENDATION TO BUY. LOOK AT ALL OF THE FACTORS AND DECIDE FOR YOURSELF.
Profile from Yahoo.com:
Celerity Systems, Inc. designs, develops, integrates, installs, operates and supports interactive video and high-speed Internet services, hardware and software. Celerity has installed 15 digital video servers in five countries (China, Korea, Israel, Taiwan and Canada) on several different network types that accommodate interactive video services. The Company's products for the interactive video services market consist of products that the Company develops and manufactures and products manufactured by others that the Company resells and integrates into its systems.CLRT designs, develops, integrates, installs, operates and supports interactive video services hardware and software. For the nine months ended 9/30/00, revenues totaled none vs. $81 thousand. Net loss applicable to Common from continuing operations increased 76% to $4.6 million. Results reflect the lack of interactive video sales due to constrained sales and marketing activity. Higher loss also reflects increased directors' fees and legal expenses.
Location
122 Perimeter Park Drive
Knoxville, TN 37922
Phone: (865) 539-5300
Fax: (865) 539-3502
Email: general@celerity.com
Share-Related Items
Market Capitalization $470.0K
Shares Outstanding 12.7M
Float 10.9M |
