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Microcap & Penny Stocks : Linkon (LKON): CTI Company -- Ignore unavailable to you. Want to Upgrade?

To: JWA who wrote (787)	12/15/1998 10:52:00 AM
From: Rich Genik	Read Replies (1) \| Respond to of 1082

Linkon Reports Nine Months Results; Sales Up 50% Led by VOIP Gateway FAIRFIELD, Conn., Dec. 15 /PRNewswire/ -- Linkon Corporation (OTC Bulletin Board: LKON - news) today announced results for the nine months fiscal year 1999 ending October 31, 1998. Net sales were $3.66 million up 50% over prior year's sales of $2.44 million for the same period. The company stated that it incurred a net loss of $1.9 million or 15 cents per share for the nine months compared to $1.2 million or 11 cents per share in the prior year's same period. The Company also reported results for the Third Quarter fiscal year 1999 ending October 31, 1998. Net sales were $364,521. The company stated that it incurred a net loss of $1.1 million or 9 cents per share for the Third Quarter fiscal year 1999. ''We feel we are making significant progress toward our goal of becoming a market leader in the fast growing scalable, UNIX, enterprise level Internet Telephony market while continuing to serve our existing base of CTI customers, most notably AT&T,'' said Lee W. Hill, President and CEO of Linkon. ''The product mix shipped year to date features more of our LinkNet Internet Telephony Gateway including one of the world's first commercial deployments of an SS7 enabled VOIP gateway. ''We have refined our marketing approach on this product to emphasize its IP switching capability. At several tradeshows where we exhibited with Sun Microsystems, we experienced increased customer interest from traditional telco's, the so-called 'next gen' telco's, Internet Service Providers, calling card companies and large multi-national corporations. [Check this out!] ''We are in evaluation at several major telephone companies. And we have been able to secure bridge loans to help alleviate our working capital needs,'' added Hill. [usual FLS stuff...] - Rich

To: JWA who wrote (787)	12/30/1998 11:06:00 AM
From: Mel Spivak	Read Replies (2) \| Respond to of 1082

In LKON's niche, here is some "food for thought": Friday December 18, 10:02 am Eastern Time Nokia buys Canadian Internet Protocol telephony co HELSINKI, Dec 18 (Reuters) - Finnish telecom equipment maker Nokia (NYSE:NOKa - news) said on Friday it had signed a deal to take over Canadian Internet Protocol telephony company Vienna Systems for about $90 million. Nokia bought 30 percent of Vienna Systems from Newbridge (Toronto:NCC.TO - news) and the rest from a number of venture capitalists, private investors and other minor shareholders, a spokeswoman said. ''A recognised leader in the global IP telephony market, Vienna Systems designs and manufactures hardware and software products for the distribution of voice, fax and video communication over IP networks, including Intranets and the public Internet,'' Nokia said in a statement. Its customers range from telecom service providers to multisite medium and large enterprises, it added. No details on Vienna's sales or profits were available. Newbridge and Nokia also agreed to collaborate in sales, marketing and product development to maintain Newbridge's role as a major distributor of Vienna products.