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Technology Stocks : Firetector FTEC

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To: Khris Vogel who wrote (31)8/12/1997 10:19:00 AM
From: Khris Vogel   of 79
 
I really didn't think it to be all that bad. They sold the low-margin svc. contracts last year, so as mgmt. says, comparing apples to apples, sales were up a little. Operating income is up, and EPS would have been up except for a NOL carryforward in last year's number, creating an income tax credit vs. this year's income tax expense.

I would like to know what the current backlog is and would have liked to see a little more in the way of forward-looking comments, but I wasn't that put off by the report like I was on AMAC's recent earnings announcement.
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