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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (8788)	5/16/2001 8:14:23 PM
From: Jibacoa	Respond to of 13094

JIM: ATEA: Yes, the volume has been light.<g> But the company's report on its last Q this week was up-beat.<g> Here are some highlights: In the first quarter of 2001, the Company's operating costs decreased $2.1 million compared to the first quarter of 2000. During the quarter, the Company announced the culmination of a multiyear transformation initiative that refocused resources on a global scale to realign Astea's products and services with the emerging visions and competitive realities of the CRM marketplace. The Company's return to profitability continues to strengthen its balance sheet. Cash and investments on hand totaled $8.5 million, or $0.57 per share, which management estimates to be adequate for working capital as well as product development needs. Sales during the quarter demonstrated growing acceptance of AllianceEnterprise among marquee companies. Among new customers were Fuji Photo Film, Gretag, MasterBrand Cabinets and Hitachi. The Company introduced a comprehensive suite of remote connectivity products, which cover the breadth of established and emerging technologies and products on the market for mobile workforces. The Company entered into several new alliances during the quarter: Computer Associates International, Inc. (CA) will make available Astea's AllianceEnterprise integrated Field Service Automation technology as the field service management offering in CA's Intelligent CRM Suite. Astea was named a Microsoft Certified Partner. Servigistics, Inc., developed a seamless integration with Atea’s AllianceEnterprise. The integration provides an end-to-end field service logistics solution resulting in improved service levels and reduced inventory investments for customers. Synchrologic, Inc., whose customers include Cisco Systems, Citicorp, JD Edwards and 3M, is providing the data synchronization engine (Synchrologic's iMobile Suite) for Astea's EveryWareUR mobile CRM solutions. Doesn't sound too bad,does it ? The problem is I only have a few K shares and is kind of hard to add without driving the price up, specially with the wide spread the MMs keep on it.<g> But I will keep it on the watch list and let you know what happens.<g> BTW, I saw INAP trading around 3.10 after hours.<g> I am still waiting for it to close above 3.4, but I think I already have enough of that for a while. As you said a 400% run from April 10 to April 20 wasn't bad.<g>But it shows what it is capable of doing under the right circumstances.<g> RAGL Bernard