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Technology Stocks : FUTO - FUTUREONE, INC - Converging Technology

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To: Lundens who wrote ()4/8/1999 11:28:00 AM
From: David A. Dyer  Read Replies (1) of 10
 
PHOENIX, April 8 — Earl J. Cook, Executive Vice President/CFO of FutureOne, Inc. (OTCBulletinBoard:FUTO), www.futureone.com, announced today that revenues for the first quarter of the company's fiscal year ending September 30, 1999 increased by more than ten times.
Revenues for the first quarter of 1999 were $2,882,000 compared to $246,223 for the first quarter of 1998.
Mr. Cook stated, " We are starting to see growth in revenues from all aspects of our business, including Internet Services, Network Integration Services, Data Communication Equipment Sales and Underground Cable Construction. The revenues from many of our acquisitions, made late last year and early this year, are beginning to come on stream and we are projecting revenues of $22,000,000 for this year, compared to $2,200,000 for last year".
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