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Technology Stocks : APSG - Applied Signal

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To: marks who wrote (623)	12/18/1997 9:30:00 PM
From: lkj	Read Replies (1) of 884

Mark Hi and thank you for your information about the conference call. AST has been having the problem of not finding enough engineers for three years. Right now, the demand for qualified telecom engineers is greater than before. AST has not been able to increase its engineer count in the last 3 years. I don't think it can now. Unless it uses stock option to attract talents. Knowing that the profit for AST is capped by labor (engineering) cost, the profit growth for next year would be capped by the percent increase of the number of engineers. So let's hope that AST can hire more engineers and more importantly stop the huge turn-over rate as in the past few years. Khan

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