Versant Technology (VSNT) Message Board

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Technology Stocks : Versant Technology (VSNT)

VSNT 33.26

-8.9%

Jan 7 3:59 PM EST

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To: Daniel Chisholm who wrote (438)	7/21/1999 8:28:00 PM
From: nanocap	of 477

Daniel, VSNT reported good numbers today after the close. Revenues reached $7 million and the Company reported a profit of $.03 per share. Outlook for the balance of the year is positive and this quarter registered 60 license agreements and 20 new customers. New financing package provides necessary working capital and relieves debt burden. Relationship with IBM and BEA Systems is in the early stages, watch for additional developments with these two as the year unfolds.

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