Stocks moving from the OTCBB ---> AMEX Message Board

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Non-Tech : Stocks moving from the OTCBB ---> AMEX

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To: Q. who wrote (24)	9/26/1999 7:46:00 PM
From: RockyBalboa	Read Replies (1) of 57

#reply-8719734 the USAT contract is questioned earlier on the FCM thread. In typical hype fashion, it is replied that "USAT is a good paying customer". For FCM pressreleases also see: ftel.com This is the USAT release, a bigger chunk of "booked revenue": ftel.com From the 10-K (June 1999): "The overall increase is due to sales of newly introduced DVG products. One customer constituted 76% of total sales for the year ended June 30, 1999." Who?? Whoever it is, it is a somewhat unhealthy concentration. Reading the press releases mentioned above sequentially does not unveil any other bigger client than USAT ($3.75MM),making up for all of the 1st Q revenue growth, and 40% of the total revenue growth in FY99.

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