Apertus Tech (APTS) Message Board

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Technology Stocks : Apertus Tech (APTS)

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To: D. Braun who wrote (101)	3/27/1997 10:33:00 PM
From: Brian Fuller	of 164

The following companies are either current customers for APTS new products or are involved in evaluating the new products towards future purchase: Boeing, Kodak, Bell South, British Telecom, General Electric, John Hancock Life, Drefus Corp, Reliastar, Equitable, Ameritech... This isn't a bad customer list. As far as earnings go I don't expect them to be profitable for several quarters. Sequential growth in sales and sequential narrowing of the losses, coupled with their naming continued high profile customers (the product is positioned such that their customer base is by definition fortune 500 co's) should be enough to drive the stock. I see no reason why the stock can't go to $4-5 wothout any earnings at all. Unfortunately these smallest of the high techs seem to be extremely out of favor right now. However I feel more comfortable buying shares in small companies with bright prospects selling around book value (with over a buck in cash and receivables) then I do purchasing a larger tech stock at 8 to 10 times book value.

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