Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (30993)	4/17/1999 2:57:00 PM
From: StockDung	Respond to of 122087

For the quarter ended June 30, 1997, Sattel's revenues were $944,000 from the sales of DSS switches to three customers, including the first shipment of a DSS switch to **Apollo Inc.** which represents 46% of the sales for the quarter. Sales for the quarter were $103,000 higher than for the first quarter of the prior year. Revenue growth was constrained by the negative impact that the liquidity deficiency and class action suits have had on customer perception. Additionally, the Company's management was required to expend significant time and energy with respect to these issues which further impacted business development.