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Technology Stocks : ANDA (Andataco) - formerly IPLS (IPL Systems)

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To: R.S. Blum who wrote (50)3/12/1998 10:10:00 AM
From: Wallace Rivers  Read Replies (1) of 107
 
Listened to parts of it, Scott.
Harris Ravine is an impressive guy IMHO and a good leader for this company.
He gave hints of new product introductions as well.
I generally concur with your appraisal, as well. I am disappointed particularly in the lack of revenue jump. The increase in SG&A doesn't concern me, as hopefully it is due to paying new hires in anticipation of future (increased) sales.
Good participation on the call, and it lasted a fair amount of time. One person from Cruttenden Roth asked a question...don't know if it was a broker or an analyst, obviously would prefer the latter!
We need research coverage, again quite obviously. With the amount of shares outstanding, I'm not holding my breath, however.
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