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Spoke too soon ...
surfing misc.invest.stocks yesterday after leaving this notice, I ran across a reference to APTS 3rd quarter (fiscal 96) losses of 0.09/share, as well as remarks by CEO that their traditional network connectivity products have an increasingly soft market. APTS is responding by restructuring to target high growth markets of data warehousing, electronic commerce, and business process re-engineering. Also hear that there are apparently some disagreements between mngmt at APTS and newly-acquired BlueLine Software.
Even so, APTS remains a major player in the netork client/server markets in France, Germany, Italy, and South Africa. And they repurchased 0.5M shares in July, 95, so how bad can they be doing? So, as I said, check 'em out for yourself (http://www.apertus.com/). Good luck. |
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