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Technology Stocks : Artisoft (ASFT) Sleeper about to wake?
ASFT 0.270+1.1%Oct 14 11:49 AM EST

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To: Vip who wrote (774)3/14/1999 2:11:00 PM
From: raefon  Read Replies (1) of 810
 
IBM deal is not meaningful for top or bottom line, IMO. The CT products are the story here. I do expect ASFT to report its third consecutive quarter of sequential revenue growth. Last quarter was the first in which CT growth outpaced the declines in Lantastic. The business has turned(note the stock is up around 50% YTD, and close to 12 month highs). ASFT has not had three consecutive quarters of revenue growth since Q2-Q4 1996....

CEO suggested at a recent conference that the company expects CT related OEM agreements in the near term, also suggested profitability is imminent.
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