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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who wrote (698)	10/26/2004 9:00:45 AM
From: pezz	Read Replies (1) of 1992

Well actually they do ....sort of Zi Corporation total revenue for the second quarter of this year rose 88 percent to $3.4 million, from $1.8 million in the year earlier period, and increased sequentially 13 percent from revenues of $3.0 million in the 2004 first quarter. The Company reported its first profitable quarter as it posted net income for the three months ended June 30, 2004 of $254,000, or a basic and diluted $0.01 per share, a significant improvement from the $1.5 million loss, or a $0.04 loss per share, in the prior year second quarter. Gross margin as a percentage of revenue increased to 96 percent in this year's second quarter up from 92 percent in the second quarter of last year. During the second quarter of 2004, Zi generated positive cash flow from operations (cash flow from operating activities before changes in non-cash working capital) of $562,000.

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