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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Tom Allinder who wrote (3109)5/20/1998 7:41:00 AM
From: Adivino  Read Replies (2) | Respond to of 25711
 
Question concerning NUKE:

With the merger of Chrysler and Daimler will the revenues projected increase?

This was taken from the NUKE web page. www.rhombic.com.

A licensing agreement now has been signed for the manufacturing and marketing of the IEC devices with Daimler Benz Aerospace AG through Rhombic's wholly owned subsidiary Rockford Technology Associates. Revenues to Rhombic are expected to commence in March, 1998. Projections from the Daimler Benz business plan suggest revenues to Rhombic Corporation in 1998 will be $5 million from royalties alone, and do not include the much larger prospective income from Rhombic's marketing rights in North America.