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Technology Stocks : TouchStone S/W (TSSW)

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To: richard ky lee who wrote (2513)3/14/1999 9:35:00 AM
From: David Alan Cook  Read Replies (1) of 3627
 
Unicore Revenue and Net Income. Here is the information that was posted in the last news release:

Revenue
1998: $3,264,000
1997: $2,411,000
* UP 35%

Net Income
1998: $ 417,000
1997: $ 197,000
* UP 111.68%

Net Income has been growing much faster than revenue. Now that both companies will be able to lower admin and overhead costs while increasing revenue, I would expect TSSW to return to the black very soon. . .2nd qtr and beyond should be good for TSSW. It will be the first qtr that we have a full qtr of Unicore sales.

I would also expect to see some news from Unicore. The CEO was very adament that he be paid in shares. WHY?? Because he knows that these shares are way undervalued. . .

DC
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