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Gold/Mining/Energy : Calian Technology a Company with infinite growth potential

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To: Flipper12 who wrote (84)5/10/2000 12:40:00 AM
From: sPD  Read Replies (1) of 132
 
Calian squashes the Street's estimate

Ottawa Business Journal - May 9, 2000

Calian Technology Ltd. reported record net earnings for the past quarter, the second quarter in a
row it can boast of putting in a record-breaking performance.

For the second quarter, net earnings were $1.235 million representing an increase of $458,000
or 59% over the $777,000 reported for the second quarter of the 1999 fiscal year. The earnings
per share were 14 cents basic and 12 cents fully diluted as compared to nine cents basic and
eight cents fully diluted for the same quarter last year. Analysts had been looking for earnings
per share of about 11 cents.

"Calian has turned in yet another outstanding quarter" said Larry O'Brien, the company's
chairman and CEO. "Our performance is directly related to the quality and enthusiasm of our
more than 2,200 employees. I wish to thank them all for their continued hard work &
dedication."
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