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Microcap & Penny Stocks : ONPT - A 52wk high price and volume

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To: Doug R who wrote (170)4/16/1997 10:44:00 AM
From: Pete M.   of 375
 
+On-Point Tech Year Net 2c A Shr Vs Loss $1.01 On Chgs

(MORE) DOW JONES NEWS 04-16-97

9:37 AM

-- 9 37 AM EDT 04-16-97
:TICKER: ONPT
:SUBJECT: RP&S CA ENTE EARN
On-Point Technology Earnings -2: Year Financial Table

On-Point Technology Systems Inc. - San Diego
Year Dec. 31:
1996 1995
Revenues $11,868,000 $16,309,000
Net income 135,000 a (8,092,000)
Shr earns
Net income .02 a (1.01)

Figures in parentheses are losses.

a. Includes a $3.1 million restructuring charge.

On-Point Technology Systems Inc. (ONPT) said the improved results for the
latest year are attributable to ''strategic cost reductions and increased
operating efficiencies.''

On-Point Technology provides transaction automation products.

(END) DOW JONES NEWS 04-16-97

10:34 AM

-0- 10 34 AM EDT 04-16-97
:TICKER: ONPT
:SUBJECT: RP&S CA ENTE EARN
Copyright (c) 1997 Dow Jones and Company, Inc.
Received by NewsEDGE/LAN: 4/16/97 10:30 AM
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