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Technology Stocks : YURI ( YURI SYSTEM ) -- Ignore unavailable to you. Want to Upgrade?

To: telephonics who wrote (196)	11/29/1997 4:41:00 AM
From: DX	Respond to of 1181

How about YURI's management? If they can sustain for two more years, they should be dong great then. ATM markets are expecting to take off in coming years. Regards,

To: telephonics who wrote (196)	11/30/1997 4:32:00 PM
From: telephonics	Read Replies (1) \| Respond to of 1181

I read through the 31 page amended prospectus that Yurie Systems filed with the SEC on 4 Nov. Under this they will sell an additional 2,020,000 shares of company common stock.This stock is to be sold by certain shareholders of the company. Such an action is always bothersome to other shareholders but by reading the 31 pages I found lots of good things to be pleased about. As you read the remainder of my comments here remember I am not a financial advisor not a stock analyst. I'm simply explaining my interpretation. Number of common shares outstanding 30 Sept 1997 26,346,737 Accounts receivable 30 Sept 1977 $10,071,495 Inventory 30 Sept 1997 $4,687,66 $5,225,022 Gross Profit first 9 months of 1977 $20.2(increase from comparable period in 1996 of $9.4 million. Gross margins were 60.5% and 62.6% respectively The company financed its working capital and capital expenditure requirements primarily from the proceeds from its Feb 1977 initial public offering. At 30 Sept 1977 company had cash and cash equivalents of $22.8 million,short term investments of $21.9 million and working capital of $54.3 million. R&D expenses for first 9 months of 97 were $5.3 milli9on up from $2.4million in comparable previous epriod. Increase due to new engineer hiring and increased prototyping expenses. There is a lot of financial detail on Data Labs included. I was surprised at DataLabs financial condition. For first nine months of this year they lost$1.987.385. Revenues were $265,918 ( no I did not leave off 000) I have no idea why the proposed acquisition by Yurie was not consumated but Data Labs cannot survive without a large cash infusion or a merger. I think the company is in super financiaql condition and should thrive.