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Non-Tech : Engineered Support Systems (EASI): 10x in 4yrs

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To: Uncompaghre who wrote (3)7/10/1997 8:20:00 PM
From: Uncompaghre   of 38
 
I spoke with investor relations today and they are very comfortable with the current earnings estimates. The largest contract they have as yet received from DOD is progressing well with the Biological/Chemical shelter prototype to be available for delivery by the end of the year. From there it's 5 or 6 months of testing by the military and then into production. Production monies will appear on next year's bottom line. During R&D, 'in progress' payments are made by DOD (part of the 'small company' package) and that more or less "pays the bills"

There should be an announcement before the end of the year about acquisition(s).
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