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Technology Stocks : Quintek Technologies, QTEK data archival etc.. -- Ignore unavailable to you. Want to Upgrade?


To: Madeleine Harrison who wrote (62)7/28/1999 11:33:00 AM
From: Don P.  Read Replies (1) | Respond to of 406
 
Anybody see this?

Ameri-First Securities Rates Quintek Technologies as a Speculative Buy
PR Newswire - July 28, 1999 09:14

DALLAS, JULY 28 /PRNewswire/ -- The following is being issued by Ameri-First Securities, a member of the National Association of Securities Dealers, CRD number 45289.

We recommend the purchase of Quintek Technologies, Inc. (OTC Bulletin Board: QTEC), for prospects of above average capital appreciation based on the company's patented one-of-a-kind product line which uses laser imaging technology and dry-silver microfilm to provide a unique, chemical free, and cost effective solution to problems relating to long term storage of digital information (e.g. Y2K, Rollover, computer failure, technology obsolescence, computer virus, degradation of digital storage media, etc.). The company also plans to offer an internet-based conversion and archiving service. The estimated market for these products is $2.5 Billion annually. Quintek currently boasts clients such as: TRW, Dresser Industries, Lockheed-Martin, Smith Industries, The U.S. Navy, NASA, The Canadian Gov., Zenith, and The California Dept. of Transportation. The average cost of the Quintek 4300 system is $60,000 and the company plans on selling 80 more units over the next twelve months. This product represents one of three major product lines which will be offered throughout the end of the year.

SOURCE Ameri-First Securities