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Technology Stocks : Analytical Surveys (ANLT) computer maps

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To: JB who wrote (1056)8/17/1999 10:47:00 PM
From: TLWatson59  Read Replies (2) of 1157
 
"While satisfied with ASI's third quarter financial results, management said that delays in finalizing several major contracts caused bookings for the period to fall below internal targets. Corder said the contract delays were related to a series of factors, including slower-than-expected implementation of outside platform software by the potential customers. He added that management expects the contracts to be finalized in the near future. ASI completed the third period with an order backlog of approximately $87 million.

''We are currently working on a number of major opportunities that, when combined with the orders we expected during the third quarter, have us very encouraged about our new business prospects for the balance of the calendar year and beyond,'' Corder said."
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