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Technology Stocks : PTEC superiority over Systemsoft

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To: steven siu who wrote (239)11/1/1996 6:45:00 AM
From: Marc Phelan   of 287
 
Steven,

Dow Jones Re-posted earnings for PTEC yesterday.
Looks a LOT BETTER this way!

Year Sept. 30:
a 1996 1995
Revenues $72,136,000 $49,941,000
Inc cont op b 9,047,000 c 8,815,000
Inc dis op d 3,752,000 ....
Net income 12,799,000 8,815,000
Avg shrs 17,456,000 a 15,763,000
Shr earns
Inc cont op b .52 a,c .56
Inc dis op d .21 ....
Net income .73 a,c .56
a. Restated to reflect the acquisition of Virtual Chips Inc. in August 1996.
b. Includes acquisition expenses of $889,000.
c. Includes a tax benefit of $1.3 million, or 8 cents a share.
d. Includes a gain from payment on a note and sale of stock related to the sale of the company's printer software division to Xionics Document Technologies Inc.

Marc
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