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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted
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To: David Bleich who wrote ()2/19/1996 8:21:00 PM
From: Michael Boyd   of 1014
 
Teletek Sees 3Q Revs More Than Prior $12M Forecast

Dow Jones News Service -- February 6, 1996 Teletek Sees 3Q Revs More Than Prior
$12M Forecast

LAS VEGAS (Dow Jones)--Teletek Inc. (TLTK) expects revenues for the third quarter
ending March 31 will exceed the $12 million previously forecast by the company.

A company spokesman said revenues for the third quarter ended March 31, 1995,
totaled $2.2 million.

In a press release, the company said revenues at its Hi-Rim Communications Inc.
unit continued to ''grow significantly'' in January, extending a trend that began
in the first six months of the current fiscal year.

Teletek said billings at Hi-Rim set a monthly record by exceeding $5 million. The
company said it appears the revenue trend is continuing this month.

The installation of a new DEX 600SC switching station in Overland Park, Kans., is
scheduled to begin operations March 1. Teletek expects ''modest, but growing''
contributions to revenue from the Overland Park operation in the coming months as
Hi-Rim mounts a marketing effort to sign up new accounts in the Midwest.

Teletek is the holding company for Hi-Rim Communications.

Copyright © 1995 Dow Jones & Company, Inc. All Rights Reserved.
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