Tim: What have you been smoking ??? Since almost every statement you
made was incorrect, I won't even bother addressing all of your points.
About the only thing you said which wasn't wrong was your mention of
the buildings in the annual report...I got a kick out of those pictures myself...
However, 0% EPS growth...like I said, what have you been smoking ???
Best of luck with PTEC--sometimes you can make money buying the 2nd
best in an industry, so I hope it works out for you....Mark.
Reuters News Story:
SystemSoft Corp (NASDAQ:SYSF) Q1 net rises
NATICK, Mass., May 24 (Reuter) -
Three Months Ended April 30,
In Thousands, 1996 1995
except per share data (Unaudited)
Revenues:
Software license fees $5,355 $3,879
Engineering services 2,235 880
Related party 458 405
Other 2 17
Total revenues 8,050 5,181
Cost of revenues:
Software license fees 403 198
Engineering services 752 399
Related party 215 310
Other - 24
Total cost of revenues 1,370 931
Gross profit 6,680 4,250
Operating expenses:
Research and development 1,686 1,094
Sales and marketing 2,415 1,738
General and administrative 689 536
Total operating expenses 4,790 3,368
Income from operations 1,890 882
Interest income, net 98 149
Foreign exchange gain (loss) (22) 4
Income before provision for
income taxes 1,966 1,035
Provision for income taxes 688 389
Net income 1,278 646
Net income per common share 0.11 0.06
Weighted average number of common
and common equivalent
shares outstanding 11,580 11,125
-- New York Newsdesk 212 859-1610 |
