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Technology Stocks : Son of SAN - Storage Networking Technologies

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To: Douglas Nordgren who wrote ()	1/27/1999 2:11:00 PM
From: Douglas Nordgren	Read Replies (1) of 4808

Ciprico Announces First Quarter Sales and Earnings Results biz.yahoo.com MINNEAPOLIS, Jan. 26 /PRNewswire/ -- Ciprico Inc. (Nasdaq: CPCI - news) today announced results for the first quarter ended December 31, 1998. Sales increased 7% to $7.8 million, compared to $7.3 million for the same period last year. Net earnings for the quarter were $282,000 or 6 cents per share fully diluted, compared to $525,000 or 10 cents per share fully diluted for the same period last year. ''We were pleased with the number of large orders we received from our Defense Imaging market and with our improvement in the Entertainment market,'' said Robert H. Kill, President and CEO. ''In addition, we saw demand for our newly released FibreSTORE product in all of our market segments. We have several other new products in development which are scheduled for release in 1999. These products will help us to address additional storage opportunities in our visual imaging markets.'

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