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Gold/Mining/Energy : ANITECH -- Ignore unavailable to you. Want to Upgrade?


To: Bill Shugarue who wrote (195)7/7/1999 2:50:00 PM
From: READE SMITH  Respond to of 244
 
The world does not need to know about the DT 500..
....our target market needs to know. The first sale to Schneiders has sped that process up and has given us a leg up in the US.
Anitech's system is receiving industry press...that will help promote sales.

Just in case anyone is wondering about our rise in stock price...each sale of the DT 500 will bring almost a 10% increase to Anitech's year-end profit. The company's expectations are for an average of one sale per month over the next year. In addition, there are follow up revenues from service agreements. We will soon be seeing a stock price that relects a multiple of our projected EPS.

and of course..there is more good news comming on the Pet Net side...



To: Bill Shugarue who wrote (195)7/7/1999 5:48:00 PM
From: Bill Shugarue  Read Replies (1) | Respond to of 244
 
Conversation with the President:::::::::

Today I spoke with the President of ANI via phone and here is a summary of that call.

Sales for the year ending Dec 31/98 were $1.27-million and he is expecting sales to reach $1.6-million during 1999. They hope to sell 5-10 DT-500 Data Collection Systems this year at prices ranging from $85,000 to $350,000 per plant. There are approx 15 plants in Canada which could use their DT-500 systems compared to several thousand plants in the United States. Therefore, they are devoting most of their efforts towards the United States. They have managed to attract some long-term investors who feel that the company has excellent long-term potential and plan to stick around. They are also starting to attract interest from Bay Street and he said hopefully this will lead to some firm initiating coverage of the company. I asked him where the future growth of the company will come from. He said that short-term he expects the growth to come from sales of the DT-500 system but longer term he expects the growth to come from the DT-500 system and also from PetNet.

Today, the stock closed at another year high (99 cents). It has been slowly creeping upward and I expect us to break and close above the $1.00 mark shortly.