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Microcap & Penny Stocks : VTC - Vitronics

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To: Khris Vogel who wrote (58)	5/22/1997 6:12:00 PM
From: Bill Driscoll	of 85

Excerpt from press release: "Operating results were better than anticipated. Our bookings activity improved significantly in March and has continued through April. The increase came from all three market areas -- Europe, U.S. and Southeast Asia. In March, we booked an order for two machines from a major customer for a conformal curing application. This customer has also placed an order for $350,000 for a line of curing ovens. We are also in the process of negotiating with a German company to distribute their conveyor and board handling equipment on a worldwide basis. These events are a good start of a strategy to better utilize our sales and marketing strengths and to broaden the product base of Vitronics Corporation." In addition, backlog at march 31st was $2.4 million, up from $2.o million at Dec 31st, 1996. Overall, sounds pretty upbeat to me for a $0.81 stock. Agree/disagree??

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