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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (2664)	6/21/2000 1:11:00 AM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 2754

Today seems to be a red letter day!! The earnings announcement biz.yahoo.com should light a fire under the stock tomorrow. Consensus earnings were forecasted at 0.01 for the quarter, the actual was 0.14. Also a record bookings quarter at over $100M. Will "wonders" never cease?? Another quarter like that and they might even make money for this year!! A statement I particularly like in the press release is "``With the investment we made in facilities and business systems during the past few years, we have sufficient manufacturing capacity to significantly ramp our revenues,'' stated Mitchell. ``In an effort to further leverage these assets, we initiated a Lean Enterprise initiative during the third fiscal quarter. We expect that this program will result in improved efficiency and further cost reductions in the future.''(a) Having sufficient manufacturing capability has never been one of their problems. Losing money on that excess manufacturing capability the last 4 years has been a problem. Don W.