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Technology Stocks : Summa Four and PCS applications?

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To: Len Hannegan who wrote ()12/29/1996 2:18:00 AM
From: Caroline   of 16
 
This is from DBC's Market Guide. Pay careful attention to the last sentence. I am a former employee. Have you ever come across a company whose bottom line was hit so hard by attrition that it had to be reported in the 10K?

Good luck, this is not an advisement one way or another,

Caroline

=== Thus spake DBC =====
Business Summary
Summa Four, Inc. is a provider of distributed switching systems & advanced signaling solutions to telecommunication service providers worldwide. These services include voice messaging, advanced fax, personal communications & automated operator & data services. For the 3 mos. ended 6/96, revenues rose 16% to $11.2M. Net income fell 43% to $744K. Revenues reflect higher shipments of the VCO 80 product line. Earnings reflect higher personnel expenses.
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