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Microcap & Penny Stocks : AM Communications AMCM -- Ignore unavailable to you. Want to Upgrade?

To: PAFOOFNICK who wrote (26)	9/13/2000 11:56:35 AM
From: factsfirst	Read Replies (1) \| Respond to of 46

any one know when the move to wirless will begin ? FF

To: PAFOOFNICK who wrote (26)	12/28/2000 9:31:11 AM
From: Old Stock Collector	Respond to of 46

Revenues for the fiscal year ended April 1, 2000 were $10.1 million, representing a 11% increase compared to fiscal 1999 revenues. Revenues for the fiscal year ended April 3, 1999 were $9.1 million, representing a 46% decrease compared to fiscal 1998 revenues of $16.9 million. The decrease in revenues in fiscal 1999 was due to the cessation of programs involving two major customers which totaled approximately $8 million of revenues during the Company's 1998 fiscal year. The Company was limited during fiscal 1999 in its ability to replace these revenues with new customers as it was undertaking a major upgrade to its technology software platform which was not completed until the first quarter of fiscal 2000. During fiscal 2000, the Company's revenues began improving in the December and March quarters of fiscal 2000 due to the market acceptance of the new products and increased marketing and selling activities. OEM revenues were 76% of total revenues in fiscal 2000 compared to 63% in fiscal 1999. The Company maintains key strategic OEM relationships with Motorola, Philips and Scientific-Atlanta. The increase in OEM revenues in fiscal 2000 was due to OEM sales primarily into several large European accounts. The Company's revenues in fiscal 2000 included two OEM customers who individually contributed 38% and 25% of the total revenues, respectively. In fiscal 1999, these two OEM customers contributed revenues of 29% and 18%, respectively and one domestic customer contributed 15% of revenues. No other customer contributed more than 10% of revenues in either year. As the purchase of the Company's products generally is associated with a customer's capital upgrade or expansion program, contribution levels of individual customers can be subject to wide fluctuations. Development and software revenues totaled $3.3 million and $4.2 million in fiscal 2000 and 1999, respectively. Development revenues primarily relate to OEM development efforts which are recognized when defined milestones are reached, the timing of which may be different from when the related development expenses were incurred. The related development costs are reported as research and development expense. All software development costs are charged to research and development when incurred. Development spending declined in fiscal 2000 due to the complete transition to more cost effective Indian based resources supplied under the NeST strategic development agreement.

To: PAFOOFNICK who wrote (26)	11/7/2002 2:01:02 PM
From: Old Stock Collector	Read Replies (1) \| Respond to of 46

From Javad K. Hassan in the AM Communications 2002 Annual Report: AM is prospering and growing dramatically. Under the worst economic conditions in recent history, our Company will continue to grow according to plan. our Company is acquiring market share with a new lean and mean software powered business operations model. Now we are poised to deliver on the growth and performance that will reward you for your patience. We looked at the problems encountered by our peer companies and realized that post-acquisition cost control was the key. To address this potential problem, we leveraged our key technology strengths and took the pre-emptive measure of building a software optimized business operations template that can be immediately applied to newly acquired businesses. This strategy has realized success within our new SRS Communications and AM Nex-Link which are now fully integrated into our software-controlled operations model. our market share is increasing and our customers are pleased with our products. We have heard the voice of the customer, and we will soon be announcing several new product lines that will enable us to continue to meet ever-changing customer demands and assist us in remaining competitive within our industry. I have recently challenged our management team to supercharge the AM engine and to take us to new heights that only a small number of companies in the world have achieved - Six Sigma quality. This will allow all of us at AM to continue to strive to make AM Communications the largest, finest, and most efficient company in our industry. This is my vision and goal, which is fully indorsed by our senior management and employees. So there you have it. I promised you a transformed company, and it's happening. I promised you revenue and profitability growth, and it's happening. Now I'm promising you the finest company in the industry, and I have high hope that this will happen too. As I've said in the past, my vision is clear, my resolve is unswerving, I have a solid team supporting me, and I'm excited about the future. Sincerely, Javad K. Hassan Chairman and CEO ___________________________________________________________________ That was from the Annual Report 2002! I did not type the complete story, I left out some because it was too much to type. You can get the feeling that every thing is on an up roar. It makes you wonder why the stock is so cheap, but you know it won't be cheap for long.