MMs putting pressure on little old Jimmy, my next recommendation is DSFT Delsoft .25 x .2815, if this one goes as expected, Internet Information Technology, side ways bet on LINUX. Look for good gains ahead.
Share-Related Items
Market Capitalization $3.87M
Shares Outstanding 11.3M
Float 3.20M
Delsoft Focuses on the INTERNET:
(a) INTERNET CENTRIC SERVICES AND SOLUTIONS: Providing professional services to clients who are creating or weaving the internet with their existing businesses to achieve e-Business capabilities. The Company expects a significant portion of its future revenues to be derived from professional services related to internet consulting, including intranet, extranet, and Web site solutions.
(b) PROFESSIONAL SERVICES STAFFING: Providing highly-skilledsoftware professionals to augment the internal information management staffs of major corporations currently represents the majority of the Company's business. The Company supplies clients' staffing needs from among its diverse supply of software professionals. The Company is committed to expanding its professional services staffing operations in conjunction with its solutions business. DelSoft expects that future revenues will be dependent on the number and scope of client engagements. Currently, the Company's IT professionals have significant experience in mainframe, client/server, ERP, and CRM applications development and systems integration.
(c) SERVICES AND SOLUTIONS FOR THE YEAR 2000 PROBLEM: The Company offers the NYE 2000(TM) proprietary software toolset. The NYE 2000 software tool may be used to analyze and convert Natural(TM) source code to be Year 2000 compliant, and is expected to allow the Company to perform Year 2000 projects more efficiently. The NYE 2000 software tool allows a user to choose between full field expansion, windowing, or a combination of both. Customers may license the toolset and use it in their environment, or the Company will provide the toolset in conjunction with its delivery of proven methodologies, experienced project management, and skilled resources with significant Year 2000 project experience.
NET INCOME (LOSS).
As a result of the above, the Company's net income for the three months ended September 30, 1999, increased approximately 246%, from a net loss of approximately ($41,000) for the three-month period ending September 30, 1998 to net income of approximately $60,000 for the comparable three-month period.
RECENT DEVELOPMENTS.
During the first quarter of 2000, the Company took several steps in an effort to grow its business and increase its industry prominence. Such steps included, naming Brian Koch as its new president, expanding into e-commerce consulting services, and expanding our sales force into key markets. Prior to joining DelSoft, Mr. Koch served as Vice President and Chief Operating Officer for an Internet consulting company, as well as seven years experience as a Senior Manager with Ernst & Young LLP. With the addition of Mr. Koch, the Company intends on becoming a full-service e-commerce consulting organization. DelSoft has also further expanded its geographic reach with the opening of new sales offices in New York, New York, Dallas, Texas, and Phoenix, Arizona.
Comments:
DSFT has stayed undiscovered for a long time. Technical are ULTRA positive on DSFT. If you have seen what INFOSYS INFY did to India Consulting firms, look for DSFT to sky rocket. All internet related companies have a potential to be a huge success if business plans are solid. DSFT has demonstrated a strong out look and future.
jimmy
internetplays.com |
