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Technology Stocks : NEON Systems, Inc. (NESY)
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To: kendall harmon who wrote (53)10/12/1999 11:35:00 PM
From: Glenn Petersen  Read Replies (1) of 91
 
The gross margins on their license revenues are approximately 97% so the missing $300,000 hurts. They were also sitting on $5.31 per share in cash as of June 30, 1999. I don't think we will see a HIFN type bounce, but $25-$27 would not seem out of the question. I was asleep at the close today and I hope that this puppy does not gap up at the open tomorrow.
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