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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Robert F. Newton who wrote (4446)7/15/1997 8:20:00 AM
From: Richard S. Schoenstadt   of 13949
 
TOPRO. Any opinions on Topro.
Symbol is tpro.

Just became aware of it this morning.
It's a company that is focusing on the year 2k problem as it relates to
factory floor.
Yesterday the company moved up 5/8 to 3.
In the last month there has been a strong increase in volume.
Check for recent press releases.
One on new coverage by Meyerson.
(looks like company is changing it's name to Tava.)
Another June 26 on the release of a new product called Plant Y2k One.
There is a small thread here on SI.
Just started on July 1, 97.
Also a small thread in Investors network on American Online.
Also lots of SEC filings at Edgar.

Third quarter results show revenue of 11.2 vs year ago 5.9 million.
Net profit of .05 vs. .26 loss.

Total revenue last year was 13.5 million.
Net loss was .86 a shares.

This year it looks like revenue will be in the 50 million range
and income will be positive.

Company has been traded since 92.
High around 5 low around 1/2.
In recent years 3 is about the high.
Low in the last 6 months is 1.25.

Current pe is 42. Backward EPS is .07.

RS
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