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Technology Stocks : Lightbridge (LTBG)

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To: Nils Mork-Ulnes who wrote (62)	10/28/1997 6:01:00 PM
From: Bobo	of 202

Anyone care to speculate on market reaction to LTBG meeting $0.06 expectations? They met expecations even while absorbing amort and depreciation of $3.6 mm in new equip for the upcoming holiday season and increased R&D. This indicates very strong holidays promotions and anticipated customer acquisitions by there xaction customers. Xaction revenue was up 13% Q-Q and 32% Y-Y. These comparisons would have been significantly stronger w/o the impact of GTE business that ended in June. LTBG signed up 4 new customers. All in all an impressive quarter. Expectations for 98 are even higher with PCS growth and new customers.

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