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Technology Stocks : SatCon Technology (SATC) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Oravetz who wrote (307)7/10/1999 7:25:00 PM
From: dwight martin  Read Replies (1) | Respond to of 440
 
Is this a PEBB platform?

gaea.calstart.org



To: Jim Oravetz who wrote (307)8/19/1999 12:56:00 PM
From: Jim Oravetz  Read Replies (1) | Respond to of 440
 
SatCon Technology Film Microelectronics Inc.
Corp. (SATC) unit received a $600,000 order
for linear amplifiers and voltage
regulators. Most of the order
is to fulfill an annual service
agreement with Lockheed Martin (LMT).

Quite the stinker of a Q report. Not sure how one could "misstate" over $2M in Accnt/Rcv. Seems like some creative accounting had been done previously. Also noted that over $2M was specified for consultants options. This seems rather large to me, for such a small cap company. Hopefully, with the A/R glitch looming, mngmt decided to throw in the options bad news as well so as not to postpone shareholder agony. Patience is virtue.

Jim