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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (76591)12/27/1999 12:22:00 PM
From: Cynic 2005  Respond to of 120523
 
DO you have any opinion on WHT? White Electronic

This is from their latest earnings report.

<<''We are very proud of our financial results this quarter,'' stated Hamid Shokrgozar, President and CEO of White. ''We have been able to achieve record bookings, record shipments, record backlog and earnings for this quarter, which is the fourth consecutive quarter of revenue growth for the Company.''

Shokrgozar continued, ''The markets we serve are growing very fast. Memory requirements of data/telecommunications and network systems demand more memory in less space. The Internet needs more capacity, more memory and more bandwidth. The greater the bandwidth, the greater the need for memory and for speed. We combine multiple chips in one package to increase memory density, provide state of the art performance, increase systems' speed and extend the product life. White's products make the Internet run faster, deeper, and more reliable.''

''We continue to see robust and increasing demand for our products and this quarter's order activity of $18.4 million was stronger than the record setting third quarter.'' Shokrgozar concluded. >>

biz.yahoo.com