Artisoft (ASFT) Sleeper about to wake? Message Board

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Technology Stocks : Artisoft (ASFT) Sleeper about to wake?

ASFT 0.267

0.0%

Dec 22 9:30 AM EST

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To: Norrin Radd who wrote (780)	5/20/1999 3:15:00 PM
From: Vip	Read Replies (1) of 810

Hi Tom: I found this article today. I only hope that the momentum in the stock price won't fade as it has in the past price run ups. Vip ARTISOFT UPDATE: Shares of telephone software developer Artisoft (ASFT: news, msgs) rose 13.8 percent Wednesday and 20 percent Tuesday with scarcely a word from the company. Or maybe not. We've learned the company's CEO, T. Paul Thomas, has been making the rounds in California, talking up prospects for telephony products for small and mid-sized businesses. "We saw the products, and some of them allow companies unbelievable flexibility when it comes to identifying callers, or sending greetings to specific users," said Gary Shemano of investment firm The Shemano Group in San Francisco. Shemano said Thomas sees Artisoft, a Massachusetts company, turning a profit later this year. Artisoft, whose products include one called Visual Voice, lost $580,000 in its most recent quarter on sales of $5.8 million. The stock closed at 4 5/8 Wednesday, up 9/16.

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