CTIG Message Board - Msg: 10475334

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Microcap & Penny Stocks : CTIG

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To: Madeleine Harrison who wrote (170)	7/12/1999 4:46:00 PM
From: GARY P GROBBEL	Read Replies (2) of 319

Mads...do the math...9mo rev was $5.13m vs $2.18m...now you have the yearly rev in today's release...$7.03m vs $3.59m for prior year...that puts 4th qtr rev for qtr ending 3/31/99 at about $1.9m...very very nice when sequentially compared to 3rd qtr rev of $1.67m...you want to see sequential rises in rev and that is what we have here as well as significant comparative jumps in revenue when looking at prior year. Also of note is the loss figure...9mo net loss was ($816,000)...see Edgar for 3rd qtr filing]....press release today states yearly loss at ($414k) vs a loss of ($1.72k) prior year. Now, if 9mo loss was $816,000 and year end loss is $414,000 the company picked up a plu$$$ $400k in the qtr. Positive cash flow of $400,000 for the year was an outstanding turn around and cash balances are up as well. We will have to wait and see how the waiver from Siemens on the note was treated (did that figure into the 4th qtr at all?) but either way things seems to be looking way up here.

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