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Technology Stocks : OVON/Optical Imaging Systems

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To: JuniorMint who wrote (61)7/29/1998 8:54:00 PM
From: Susan Saline  Read Replies (1) of 83
 
>>> I remember the last 'big' contract they had for the helicopters added about $.oo to their bottom line

silly girl...they haven't started shipping those items from that 15 m contract ... that's why I called ... to find out when they would start shipping.

Sales will not be in this years (ending in Aug) income statement, they start getting revenues from that contract ... after they ship ... which will be September.

I bought now, in expectation of these new revenues!

I think the contract is more than they netted all yr, hence the 11/16 price of the stock.

The price of the stock does not yet reflect those new revenues to come next quarter.

Sue
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