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Microcap & Penny Stocks : Pen Intercom (PENC) - Ready to fly?

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To: AV8R who wrote (44)12/8/1998 3:15:00 PM
From: Street Walker  Read Replies (1) of 107
 
PENC - year 2000 product

***http://www.wired.com/news/news/business/story/16618.html

What is their product?

SALT LAKE CITY, Nov. 18 /PRNewswire/ -- Pen Interconnect (Nasdaq: PENC - news) today announced that it has received a $2,000,000 order from L-3 Communications (NYSE: LLL - news) for 44,000 UPS (uninterruptible power supply) units for L-3's Prime Wave 2000 TM wireless local loop telecommunications systems. The UPS product was developed specifically for L-3 by PEN Interconnect's division, PowerStream Technology. The product will ensure a consistent power source especially in regions of the world where blackouts and brownouts are common occurrences.
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