SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : USTI UNITED SYSTEMS TECH INC

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pied Piper who wrote (979)6/19/2000 1:48:00 PM
From: Walter Morton   of 1001
 
Without the Y2K revenue, USTI would have had an average year or even worse than last year.

Over 70% of the reported increase in earnings was from customer support, installation, and training.

"Installation, training, and customer support increased 117% in 1999 due, in part, to an increase demand for custom program related to the implementation of the Year 2000 version of the Company's Legacy(TM) products.
Source: USTI's Annual Report

Now that the Y2K software issues are behind USTI, you should expect future installation, training, and customer service revenue to either decrease or only increase minimally.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext