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Technology Stocks : Teklogix International Inc. TSE:TKX -- Ignore unavailable to you. Want to Upgrade?


To: zigler who wrote (246)1/28/2000 9:02:00 AM
From: Gofer  Read Replies (2) | Respond to of 274
 
Agreed!:

This stock is now cheap

From the press release:

"However, revenues from our Integration Services Group (ISG) fell sharply in
the third quarter compared to both our second quarter this year and the same
quarter last year, as prospective customers deferred implementation decisions
due in part to external Y2K concerns. We are focussing hard to regain the
revenue momentum which ISG evidenced in the first and second quarters,"


I think this explains the sales being slightly lower than anticipated. Also the more than $1M increase in R&D spending kept earnings down.

I think TKX is in the right place for future growth, time to buy some more. Look at the crazy rise in the share price of DSG. Unfortunately, compared to DSG, TKX is held back by "old fashioned" concepts like increasing sales and earnings <g>.

Gofer it!