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Technology Stocks : IBIS
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To: Robert Holmes who wrote (28)5/3/1997 7:43:00 PM
From: Robert Holmes   of 301
 
Not a bad performance Friday, up 5/8 on over 100,000 shares. Product sales were actually down from a year ago and sequentially, but as Timothy Burns CFO stated, "The decrease in product sales is primarily due to a full circuit design and test phase at a major customer. "

This customer is most likely Motorola. If this testing leads to a commercial implementation it would go a long way in establishing SIMOX as a viable product for a wide range of future products.

It will be interesting to see how the stock performs over the next few months.
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