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Technology Stocks : Cognitronics (AMEX: CGN)
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To: Neil Kalton who wrote (12)5/13/1997 1:22:00 AM
From: INVESTOR   of 142
 
Neil,

Thanks for your response. Just one question though. You mention
that Cognitronic's business is seasonal. How so? In their recent
10-k filing on the Edgar Database, where they talk about risks
affecting the business, seasonility is stated as being inapplicable.

see below which I cut an paste from this material..Sorry if doesn't
print properly formatted:

INVESTOR

(v) Seasonality. Inapplicable.

(vi) The discussion of liquidity and sources of capital as set
forth in Management's Discussion and Analysis of Financial Condition and
Results of Operations is included in Item 7 of this Annual Report on Form 10-K
and is incorporated herein by reference.
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