VDAT up another 15% ... The Gold Nugget inside of Visual Data Corp.
Most of Visual Data's revenue comes from it's ownership of EDnet
From the Feb Quarterly report:
Visual Data recognized revenue of $1,104,065 during the first quarter of fiscal 1999, representing an increase of $989,309 over revenues of $105,756 for the same period in fiscal 1998. Revenues from EDnet
accounted for $1,027,558 of the $1,104,065.
EDnet is planning for "continued growth of its core audio networking business and the aggressive introduction of its video networking services in the Spring of 1999."
Visual Data Corporation (http://www.vdat.com) produces, markets and distributes original video and audio content for the Internet. Through its subsidiary EDnet, Inc. (Nasdaq: DNET), Visual Data has established relationships throughout the motion picture and recording industries.
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