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Technology Stocks : Firearm Training Systems (FATS) -- Ignore unavailable to you. Want to Upgrade?

To: Bollmonster who wrote (93)	5/2/1998 7:58:00 AM
From: glenn s. turner	Respond to of 115

To All: Earnings will reflect a one time expense of "up to $4 million" related to the Simtran purchase. This was stated in a previous announcement. At slightly over 21 million shares, this would represent a loss of about 0.19 per share. If their operating profits hold in the 0.06 to 0.10 range, there will still be a negative number this quarter on the bottom line. I'm sure institutional investors realize this but hope FATS many small investors don't panic when they see a loss. I believe earnings will be out on May 12. It doesn't look like the Army contract will be announced before earnings. If FATS gets that, the stock should soar, even though earnings from that contract will be a few quarters away.