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Technology Stocks : MTNX Meltronix-Turn-around

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To: Daskin who wrote (5)2/29/2000 12:56:00 PM
From: Daskin  Read Replies (1) of 18
 
Good things about MTNX:
steal this from raging bull by MarkInTime

1.slashing of debt to nothing and positive net worth;
2.filing for NASDAQ listing 2-11;
3.a 60% increase in the company workforce reported in the workforce in the 4th qtr;
4.4th qtr revenues up 54% over previous qtr;
5.company reports 280% increase in new customers since 9-98 (I would take this with grain salt; don't know from how low a base they started);
6.Motorola and Texas Instruments are the major interest holders;
7.first order from Centerpoint Broadband Tech. for microelectronic packaging design & prototyping services 12-22;
8.orders from Hamilton Sundstrand, Aerospace Division for microelectronic modules 12-3;
9.orders from Microsource Inc. for microwave modules for broadband testing equipment 2-1. This co. is owned by GIGA and should be good for future business;
10.hired new PR group 12-13;
11.7.8% position taken by Development Bank of Singapore 2-24.
12.CEO will be a featured speaker at MIT Forum in San Diego and this should increase awareness about the company 3-15.

We will see how it goes.
Would appreciate more people sharing info.
Good luck
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