Add Imperial Tobacco, Volvo, Blandin Paper Company and others to the already impressive customer list:
advsysintl.com
Moreover, consider ASI's T&A market strategy to date - first: automotive manufacturers and suppliers (now 10+ customers), second: food processors (now 6+ customers) ...., many of which result in multiple plant installations, recurring revenues, etc. - its obvious that an initial sale to a large customer more often than not leads to incremental sales within vertical markets. Logic dictates that ASI will realize considerable sales growth over the near and longer-term as it penetrates new vertical markets, such as consumer products, pharmaceuticals/health, and other manufacturing (furniture, appliances, industrial, etc.).
Even if the appreciation in the stock price continues to lag behind the anticipated rate of growth in revenue in 1999 ($10+ million in total), sentiment among those I talk to is that a $4-5+ stock (U.S.) prior to NASDAQ listing is not unrealistic. Another strong quarter in revenue growth (year over year), additional sales contracts in the interim, and another significant announcement on the middleware side and we may get to that level sooner than later.
DRT |
