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Technology Stocks : UNICOMP (UCMP) -- Ignore unavailable to you. Want to Upgrade?

To: Douglas V. Fant who wrote (1585)	1/9/2000 3:53:00 PM
From: Bruce A. Brotnov	Respond to of 1608

Doug, I'm not that familiar with UCMP and have only been following a couple of months, but it looks to me that they sold the ICS information unit to put more priority on the their software support business and particulary interface with company systems with Linux. The $10M gives them some leverage to buy back stock and preferred warrants and also expand their e-commerce business. What I don't know is how much of their business (earnings in particular) came from the ICS portion of their business. Doug, unless I recorded it incorrectly, UMCP is reporting 3Q earnings which most companies run pretty close to 90 day, but perhaps some delay possible from Christmas, New Years and Y2K concerns. Bruce

To: Douglas V. Fant who wrote (1585)	1/13/2000 11:19:00 AM
From: Boyd Hinds	Read Replies (1) \| Respond to of 1608

Doug (and thread) Earnings were released today: biz.yahoo.com Snippet: UniComp Reports Third Quarter Results Third Consecutive Quarter of Increased Profitability MARIETTA, Ga.--(BUSINESS WIRE)--Jan. 13, 2000-- UNICOMP, INC. (NASDAQ:UCMP - news) today announced revenue for the nine months ended November 30, 1999, from continuing operations was $20.9 million compared to $15.5 million for the same nine-month period in the previous year. For the three months ended November 30, 1999, the Company reported revenue from continuing operations of $7.5 million compared to $6.0 million for the same three-month period in the previous year. Net income from continuing operations for the three months ended November 30, 1999 was $429,000, or $0.06 per share, compared to $176,000 or $0.02 per share for the comparable period a year earlier. Question: How much of this is organic growth? I noticed in the last 10Q that a big chunk of the sales growth in continuing operations was due to the Continuum acquisition: "REVENUE. Revenue for the three months ended August 31, 1999 increased to $9.4 million compared to $7.2 million for the three months ended August 31, 1998, an increase of $2.2 million, or 30.6%. $1.0 million of that increase is from Continuum, the March 1999 acquisition, and the remaining increase is primarily attributable to higher platform migration license fees. Revenue for the six months ended August 31, 1999 increased to $18.7 million compared to $14.0 million for the three months ended August 31, 1998, an increase of $4.7 million, or 33.6%. $2.0 million of the increase is from Continuum and the balance primarily from increased platform migration license fees. It looks like the latest quarter showed a drop in sequential sales AND sales growth.....and the company didn't release figures that broke out Continuum sales from the same quarter last year. Comments??