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Technology Stocks : Irvine Sensors
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To: Robet Butkus who wrote (360)12/11/1997 12:16:00 PM
From: Ed McGrane  Read Replies (1) of 1673
 
Robet,

Nice to have you back in the IRSN fold!!

I too prefer to see the hard numbers instead of listening to the
company line.

So far at least, Jim Evert has been a man of his word and let's hope
it continues in the future.

I would assume that the FY97 Annual Report is already in printing and
hopefully IRSN will put some financials in for Novalog, etc. Until we
see the effect of the subsidiaries we can only guess if these new companies are having a positive or negative impact.

Now that IRSN is moving toward becoming a commercial products company,
they will not have the luxury of having the government paid "hobby shop" carry the rest of the company.

I think Jim Evert is too smart to let this happen but when you
morph yourself into a market driven company you either perform in
short order or go down for the count.

1998 should be the watershed year. Let hope we are all celebrating this time next year!!

Regards,

Ed

the corner into

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