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Technology Stocks : SatCon Technology (SATC) -- Ignore unavailable to you. Want to Upgrade?

To: Cabrina Dieters who wrote (195)	4/30/1998 10:38:00 AM
From: James Mortensen	Read Replies (2) \| Respond to of 440

Hi Cabrina, Haven't check out those links yet, but here's a post from the yahoo! SATC chat. From Individual Investor ez_street98 Apr 30 1998 10:02AM EDT We continue to rate SatCon Technology (NASDAQ: SATC) a buy, given the company's new contracts, continuing development of new products and the huge potential of RIBS technology, which detects bacteria in contaminated meat. During the last few months, SATC received contracts totaling more than $3 million. The company's FMI division received $2 million worth of orders in March for developing electronic components used for telecommunications applications. In addition, SATC has received multiple contract awards totaling $1 million from the U.S. Army and the Navy's Office of Naval Research, with the potential for an additional $750,000 in follow-up funding. According to the company, the RIBS technology is progressing very well. Right now, SATC has talks with several meat producers and equipment manufacturers for possible contracts and joint ventures. SATC expects to close a deal by the end of the third quarter, ended June 1998. The potential demand for an electronic scanner is huge, currently more than $2 billion. We expect the company to become profitable this year, with earnings of $0.14 per share on revenues of more than $22 million. Updated 04/28/98 with SATC at $11.38. Recommended 11/18/97 at $10.00. iionline.com