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Gold/Mining/Energy : Aastra Technologies - telephony, e-cash, mini-ATM

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To: sPD who wrote (88)5/1/1999 5:54:00 PM
From: keith massey  Read Replies (1) of 233
 
Started following this company a while ago but not in yet.

Year end report is an interesting read (sedar April 26)

They predict 75% revenue growth for the year (around $65 million).
However the mention that last years earnings were tax free because of prior losses and that this years earnings would be taxed at 35%. They mentioned that it would be difficult to make more than $3 million in earnings this year.

The don't expect earnings from their E-system for 2-3 years but should be well positioned in the future.

Best Regards
KEITH

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