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Technology Stocks : Firetector FTEC
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To: Trooper who wrote (51)5/19/1998 2:03:00 PM
From: richard p. martino  Read Replies (1) of 79
 
From the 15 May earnings press release:

Management also noted ''that the previously announced aggressive marketing program featuring new products, geographic expansions, and additional sales and marketing personnel has resulted in significant new orders from an airport hotel, several major subway complexes, a major media company, a hospital center, and a nursing home. These orders aggregating $3.9 million have increased the Company's backlog of orders to over $8.8 million and position the Company to anticipate higher revenues that should result in increased earnings.''

The $3.9 milliom refers to contracts previously reported on this thread. It was the $8.8 million backlog and the last statement "...position the Company to anticipate higher revenues that should result in increased earnings" that sounded good enough to deserve special notice :-)

rpm
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