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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Logistics who wrote (17242)	5/13/1998 10:42:00 AM
From: Jack of All Trades	Read Replies (1) \| Respond to of 34592

CFON!!!!!!! Just broke $5 and going crazy!!

To: Logistics who wrote (17242)	5/13/1998 10:43:00 AM
From: TokyoMex	Read Replies (3) \| Respond to of 34592

I think GBIT was a BS .. a set up .. INOD going ... It has 800,000

To: Logistics who wrote (17242)	5/13/1998 10:43:00 AM
From: Steve Rubakh	Respond to of 34592

GREAT COMPANY. RECENTLY GOT DEAL WITH UNISYS FOR 1.5 MIL. VERY FAST MOVER!!!! FLOAT ONLY 833K ...... BOOK VALUE 3.55....... Wednesday May 13, 8:04 am Eastern Time Innodata Corporation Reports First Quarter Results BROOKLYN, N.Y.--(BUSINESS WIRE)--May 13, 1998--Innodata Corporation (Nasdaq SmallCap Market: INOD), a global provider of Internet and on-line publishing services, today announced results for its first quarter ended March 31, 1998. Revenues for the first quarter ended March 31, 1998 were $4,600,000. Revenues for the same period last year were $4,662,000, which included approximately $350,000 from its journal and book pagination business which was discontinued during 1997. Net income for the 1998 period was **$414,000, or $.28 per share, compared to a net loss of ****$(449,000) in the 1997 period, or $(.30) per share. The 1998 period has no provision for taxes as benefits of net operating loss carryforwards were not previously recognized. Commenting on the results, Jack Abuhoff, President and CEO, said, ''We are pleased to report our first quarterly profit, after six consecutive quarterly losses. While revenues were flat compared to the comparable quarter in the prior year, we are pleased to report that revenues increased in our core Internet and on-line publishing services business, mostly compensating for the loss of revenues from our journal and book page making business which we discontinued during 1997 after experiencing persistent losses. As a result of a strong dollar and progress on our previously announced plans to reduce operating expenses and improve production efficiencies, we have returned to profitability even more quickly than expected. We are now aggressively focused on increasing revenues through expanded business with existing customers and new customers in identified market segments. ''Further, we are pleased to report that we had cash on hand at March 31, 1998 of approximately $2.8 million and an unused available line of credit of an additional $2 million. ''We reached an agreement in principle regarding foreign currency forward contracts which were the source of a previously reported dispute with a Philippine bank. We expect to sign this agreement shortly. If signed, the agreement would result in a reduction of the estimated liability previously provided by $500,000 which would be recognized as income in the second quarter of 1998.'' Innodata is a leading provider of Internet and on-line publishing services, providing all the necessary steps for product development and data capture and conversion to enable its customers to publish vast amounts of information via the Internet and on-line. Innodata's customers represent an array of major secondary electronic publishers of legal, scientific, educational and medical information, as well as document-intensive companies repurposing their proprietary information into electronic resources that can be referenced via web-centric applications. Web site location: inod.com Tuesday March 31, 8:03 am Eastern Time Innodata and Unisys Commence $1.2 Million On-site Project BROOKLYN, N.Y.--(BUSINESS WIRE)--March 31, 1998--INNODATA Corporation (Nasdaq SmallCap Market:INOD), a leader in data conversion outsourcing services, today announced that it commenced a $1.2 million contract with Unisys to provide conversion services for a project with the State of Nevada's State Industrial Insurance System (SIIS). The conversion work to capture workman's compensation claim files will be performed on-site in Carson City and Las Vegas, Nevada. Innodata will retain a conversion staff of 60 to 100 people for the project which comprises the scanning and indexing of millions of pages of claim related documents