APA optics...APAT...very interesting..any thoughts....... Message Board

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Microcap & Penny Stocks : APA optics...APAT...very interesting..any thoughts.......

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To: Duane L. Olson who wrote (191)	11/8/1997 2:51:00 AM
From: golfinggramps	Read Replies (1) of 342

Duane, Glad to see you had a successful trip. Thanks for the post, it is appreciated. For folks that follow APAT, our friend Auric is trying to make the amended 10-KSB big news. The figures he used compares March, 1996 to March 1997. Fiscal year end for APAT is March 31. We are now in the second quarter of fiscal year 1998. What it amounts to is year end March 31,1996, APAT had a backlog of $4,000,000.00 in research and development contracts. Fiscal year end, March 31, 1997, APAT had a backlog $3,200,000.00 in research and development contracts. Thus the difference in both backlog and increased revenues over the prior year. Don't want to be-labor the idea that Auric has a real bad attitude towards APAT and I am only answering his remarks because the guy has really pi$$ed me off. Duane, look forward to hearing from you and keep an eye on APAT. Hit Em Straight. Jim

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