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Technology Stocks : Electronic Retailing Systems International (ERSI Nasdaq)
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To: A.J. Mullen who wrote (45)5/15/1997 8:27:00 PM
From: A.J. Mullen  Read Replies (1) of 92
 
Ersi has posted 1st. Qtr results: biz.yahoo.com Revenues down and losses up. The increased losses are to be expected since they have taken on many salestaff, but the decreased revenues is a concern. My only consolation is that when orders are few, there will be a significant random element in any one quarter or year. The solution is to increase the long-term mean rate of orders - but this will not happen with a succession of disappointing quarters {:-{
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