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Technology Stocks : NANO

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To: Dana Breite who wrote (1599)2/19/1998 12:01:00 AM
From: Wade  Read Replies (3) of 2272
 
Dana and all,

I list the total revenue of NANO since Mar. 94 in the columns below:

Mar-94 2,639
Jun-94 3,414
Sep-94 3,363
Dec-94 4,163
Mar-95 4542
Jun-95 5204
Sep-95 6106
Dec-95 6907
Mar-96 7068
Jun-96 7557
Sep-96 7739
Dec-96 7972
Mar-97 8259
Jun-97 8699
Sep-97 9416
Dec-97 10283

You can put them into a spread sheet and make a chart. I am very glad to see that only a slight slow down of revenue growth during 96. It is picking up the pace again during 97. You will like this chart.

The actual earning is better if we see the undiluted earnings of the last two quarters. It is important to see the fundamental changes with the undiluted shares. NANO is actually doing very well. I do not see the signs of slowing down of revenue. I noticed that the margin is not as good as used to be. But, I can see the competition and high expenses of operating new foreign offices. I will ask Mr. Nolan when I get chance to speak him again.

Sincerely,
Wade
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