Intriguing looking small cap and year 2000 play. Stock was up 1/4 on Friday to 1 3/8 after releasing good earnings and announcement of year 2000 solution for DEC Vax systems. Anyone with knowledge of this Denver based company?
COMPANY NEWS (sm) provided by Dow Jones/News Retrieval Copyright (c)1996 Dow Jones & Company
9/20/96 Accelr8 Technology Year Net 3c A Share Vs 2c >ACLY
Year July 31: 1996 1995 Revenues $2,097,011 $1,382,536 Net income 1,192,780 382,394 Avg shrs (diluted) 26,900,000 21,900,000 Shr earns (diluted) Net income a .03 .02 Figures in parentheses are losses. a. Includes the effect of shares for an employee stock option plan, which were not applicable in the year-ago period. Fourth-quarter figures were not immediately available. Accelr8 Technology Corp. (ACLY), Denver, converts Digital Equipment Corp.'s (DEC) VAX legacy systems to open systems. (END) DOW JONES NEWS 09-20-96 11:04 AM Copied from the PRODIGY(R) service 09/22/96 17:47 |