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Gold/Mining/Energy : MADISON SYSTEMS(MADI) Multi Million Dollar Contract
MADI 0.00010000.0%Jan 23 9:30 AM EST

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To: DuGen who wrote (4837)6/1/1999 8:24:00 AM
From: DuGen  Read Replies (1) of 5832
 
A reply from Mr. David Bodie, and it only took 4 days. I asked about orders, backlog, and financials. Nothing deep or technical. His reply was that Madison receives several orders of various size daily and has no problem getting these filled. My interpretation is they are still a one shift operation, and since there is no difficulty in filling the orders there must not be a back log. BUT! there are orders, they are producing and they are making shipments. He also said the auditors have been in and are preparing the financials. He didn't say/hint when they'd be ready, but at least they are working on it.

Mr. Bodie seems to be a straight shooter, and I feel as though part of the vagueness in his reply could be attributed to the short amount of time that's he's been representing Madison.

We should make a list of questions, more detailed, and see if Mr. Bodie can enlighten us further. Any volunteers???

DuGen
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