SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 39.66-9.9%Feb 4 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stock Watcher who wrote (217)1/20/1999 2:35:00 PM
From: Life Coach  Read Replies (1) of 52051
 
Hi SW, regarding MCNS your figures are probably correct. However, the majority of their revenues for 98 occurred probably in December. As you can see from the following press release, this $5 Million dollar contract calls for $ 1 Million to be paid immediately and the remainder through 1999:

biz.yahoo.com

Here is the press release following the previous one where the CEO states profitability in 1999:

biz.yahoo.com

Hope this helps. Let me know if you have any questions. The fact that they were awarded a $5 Million dollar contract says a lot. You can bet that there will be more to come.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext