TREV (IMGX - Network Imaging, by another name) Message Board

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Technology Stocks : TREV (IMGX - Network Imaging, by another name)

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To: PKFVA who wrote (4)	5/21/1998 9:56:00 AM
From: George Young	Read Replies (1) of 108

I just listened to the conference call recording for the last earnings announcement and was greatly encouraged. Leto said there were 2 deals over $1 million each that were pending (they actually expected them to close in Q1). Leto sounded very bullish for Q2 and said they would have their biggest quarter ever in Q2 most likely (which would put revenue over $7.7 million if I remember the Q4 numbers correctly). With revenue increasing and costs decreasing, I think we're heading in the right direction. The only red flag from the conference call was that Leto said they were losing deals not based on technology but based on the company's financial track record. Being in sales myself, I know this can be a major factor. TREEV might need to do more OEM's to overcome this or get bought by someone with deeper pockets.

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