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Technology Stocks : PERI (Periphonics)
PERI 9.630+3.4%Nov 21 9:30 AM EST

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To: jhild who wrote (1104)3/19/1998 5:52:00 PM
From: J L Segal  Read Replies (2) of 1682
 
PERI reports $0.17 - beating First Call consensus estimates by $0.02!

Note a couple of the highlights:

-20-25% growth rate; strong pipeline:

"Management continues to believe, based on the future order opportunity pipeline, that its previously stated goal of 20-25%
revenue growth is a reasonable goal going forward."

-"Important" European order received in March, yet to be detailed:

"Mr. Cohen also announced today that Periphonics received an important order in March for telecom operator service automation for a telco in Europe. The order is significant in terms of market development, and will provide revenue in future quarters. Further details of this order will be announced separately."

Looks like PERI's turnaround is on track :-)

JL
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