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Microcap & Penny Stocks : Exigent International, Inc. (XGNT)

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To: francis terry who wrote (133)12/5/1998 6:57:00 PM
From: WallStBum  Read Replies (1) of 159
 
I spoke with Don Riordan CFO of Exigent mid November. Nothing earth shattering. Earnings should have no surprises either way, things are going well, read recent release regarding backlog.

Fototag, from what I gathered, is on the shelf for now. The airline that was testing it went bankrupt. Nothing really cooking.

They'd love to announce the Teledesic project, but MOT is not committing yet with it's contractors. I suspect MOT has to work out the details with Boeing. But, they did have that recent release affirming their cozy relationship with MOT, so, you can do your own guessing.

Co. is working on landing more gov't contracts as procurements start coming out now. Co. is also focusing the use of it's OS/Comet software on the "middleware" market. I really didn't understand a the technical details, but apparently XGNT's software is ideally suited for this type of thing.

Hope that helps. David is resident expert here though (gg)

dax
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