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Technology Stocks : Signal Technology (now STCO)- a classic turnaround
STCO 0.00010000.0%Nov 7 9:30 AM EST

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To: Tony Grier who wrote (18)10/12/1997 12:29:00 PM
From: SJ - Stephen   of 191
 
Hello Tony,

Finally joined SI.....

Glad to hear you are along for the ride with STZ and approve... May we all see the profits . I like their fundamentals. Cash dipped a bit, but I hope they continue their revenue growth and that they have corrected the causes of the loss last qtr.... PASTE from news...

Commenting on the results, Dale L. Peterson, Signal Technology's chairman and chief executive officer, said: ''We attribute our performance this quarter primarily to lower-than-expected shipments from our Arizona and Keltec operations. We have made adjustments to improve efficiency at these facilities, however, and believe that the temporary difficulties were part of a management transition.

See you around
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