To: Taki who wrote (131325 ) 4/18/2004 12:05:50 PM From: Taki Read Replies (1) | Respond to of 150070 TELT.28.Alert.Way undervalue IMO:Read DD carefully,why I like this company, and thing is dirt Cheap.IMO.Tell me If I am wrong.Bought a good amount of shares.And still have orders for more. This stock was .70 three days ago,and had highs of .95 six weeks ago. See DD, and 10k below. I see some money that can be made IMO. DD: 1)7,829,736 shares were issued and outstanding as of March 30, 2004. 2)Float=5.7 million only shares. 3)CAP only $2.2 million?For a company with $47 million in revenues?QBID had not long ago $500 million CAP,and as of now the pos has if there are 20 billion shares out, and maybe a lot more IMO, times .016 now price=Cap $320 million unreal.In a pos stock with zero revenues.And TELT with 47$ million in revenues has CAP=$2.2 that is a joke IMO.Way undervalue. 4)Check the volume the last two years=For the whole two years volume around 3 million shares.Check historical prices.IMAGINE what will happen if this thing get's some volume for severAL days of 200k? 5)Not many investors know about this company. 6)Dilution very minimum. 7)Per CEO yesterday;s PR says: "We believe the launch of the new IP products as well as the continued savings from our cost cutting should positively impact the Company in 2004," Cameron concluded. 8)I see an S8 to laugh for for only 15k.I bought more than that today alone.LOL.Was filed yesterday.Look though what price is for sale =.70 wow.The price now is .28.HMMMMMMMM. Any good news in the near future, and is up to well over .50s if not more.The Q is due MAY 15th.Waiting to see it. FORM S-8 15,000 $0.70 $10,500.00 $1.33 The approximate date of the proposed sale of securities offered hereby is on or after April 19, 2004. Teltronics Announces 2003 Year End Results Thursday April 15, 4:39 pm ET SARASOTA, Fla., April 15 /PRNewswire-FirstCall/ -- Teltronics, Inc. (OTC Bulletin Board: TELT - News) today announced its financial results for the year ended December 31, 2003. The revenues for 2003 decreased to $46.9 million from $54.4 million for 2002, a decrease of 13.8%. However, the Company's net loss for 2003 decreased to $3.3 million from $4.6 million for 2002, which represents a decrease of 28.3%. The net loss available to common shareholders for 2003 decreased to $3.9 million from $5.1 million for 2002. Our diluted net loss per share for 2003 was $0.54 as compared to a diluted net loss per share of $0.93 for 2002. Gross profit margin increased from 36.1% for 2002 to 39.0% for 2003. The Company's operating expenses for 2003 decreased $2.7 million from 2002 due primarily to cost cutting measures by the Company during 2002 and 2003. "While we are clearly disappointed at the decrease in sales, we are encouraged that we were also able to decrease our net loss. The last few years have presented a challenge to all companies in the telecommunications industry as most of us have seen declines in our sales," said Ewen Cameron, Teltronics' President and Chief Executive Officer. "During this time our strategy has been to focus on cutting costs and being responsive to the changing needs of our customers by continuing to develop new products," continued Cameron. "We believe the launch of the new IP products as well as the continued savings from our cost cutting should positively impact the Company in 2004," Cameron concluded. About Teltronics Inc. Teltronics, Inc. is dedicated to excellence in the design, development, and assembly of electronics equipment and software to enhance the performance of telecommunications networks. The Company manufactures telephone switching systems and software for small-to-large size businesses, government, and 911 public safety communications centers. Teltronics provides remote maintenance hardware and software solutions to help large organizations and regional telephone companies effectively monitor and maintain their telecommunications systems. The Company also serves as an electronic contract-manufacturing partner to customers in the U.S. and overseas. Further information regarding Teltronics can be found at their web site, www.teltronics.com.