SOTA A Leader in NT Financial Applications Software Message Board

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Technology Stocks : SOTA A Leader in NT Financial Applications Software

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To: S. A. Foster who wrote (20)	1/20/1998 12:12:00 PM
From: Alan A. Hicks	of 21

I have been checking with SOTA's largest VARs over the last week. I was able to speak with four of the top five. They are reporting very strong business in Q4 in both MAS 90 and Acuity. Each reported at least 100% growth for all of 1997. The VAR finishing 1997 as the largest SOTA VAR reported they purchased $800,000 of product versus $275,000 last year. It appears the leading MAS 90 VARs are now becoming productive with Acuity after investing in new NT/SQL personnel in the first 3 quarters. Earnings are due January 27. It looks like SOTA will make the aggressive analyst estimates of $0.31 and revenues of over $20 million. SOTA will also be presenting at the Wall Street Forum financial conference the first week of February in New York and at the end of February at the Robertson Stephens conference in San Francisco. We could be coming up to a good period for SOTA shares. GPSI moved up nearly 50% afters its latest earnings report. Be nice to get finally get SOTA through $20 and start attracting some momentum investors. We are still at about one-half the valuation of GPSI.

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