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Technology Stocks : ULTK-Ultrak

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To: thomas hayden who wrote (306)	12/1/1997 10:51:00 AM
From: Phantom Dialer	Read Replies (1) of 393

I really doubt that they have something to hide.... Everyone from their investor relations to their CEO are ultra-conservative...whether its about products launches or next years earnings. Cash took a big hit becasue they made 2 acquisitions and took a minority stake in another company. All of which were good moves (one of those being an acquisition in a company below book value) The receivabes, inventory number didnt jump out and shock me.... They did admit to having to spend some extra money becasue they want to be more of atechnology company vs a commodity company and filled some more engineering positions.... PD

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