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Microcap & Penny Stocks : ADSN - Advanced Systems International -- Ignore unavailable to you. Want to Upgrade?

To: DRT who wrote (407)	5/19/1999 10:19:00 AM
From: zwing_88	Read Replies (2) \| Respond to of 895

Crazy canuck and all...Thanks for the insights and posts. Does ADSN make a one time sale or is there an update/service component that can create an ongoing revenue stream from each customer? If so, what percentage of the initial sale is is the annual ongoing revenue? How many shares in the float? If ADSN did .03/share in the first qtr. and their sales are growing...this would indicate about $0.20 for the year. This would mean that we own a rapidly growing tech stock at 5 times profits. Unheard of... it could be 40 times earnings...or $8.00/share. If they keep the progress up we have a real winner. Steve

To: DRT who wrote (407)	5/23/1999 12:21:00 PM
From: Crazy Canuck	Read Replies (1) \| Respond to of 895

>>ADSN: On the business side, our business plan from a revenue standpoint calls for $11.5 million of revenue in 1999, with a profit of $2.4 million.<< Good Morning DRT, After a bit of digging, I want to add some more information with respect to the comparison of ASI to its Time & Attendance competition. I have included some key information you can use to compare ASI's value in the Time & Attendance market to the industry leader - Kronos. This comparison only deals with the Time & Attendance Software product they offer. It does not include ASI's Middleware (Data Collection and Distribution) competitor comparisons. The comparison, obtained from searches through Yahoo - Finance, and ASI's form 10 filing, are based on both comparative Yearly and Quarterly totals. It is interesting to note that ASI is a small company that is growing rapidly, whereas Kronos is a more mature company that has been in this field since 1977. Both companies are strong, and in my opinion - good investments. However, when looking at growth potential, I believe that ASI has a much greater investment growth potential than would an investment in Kronos. Kronos: (From Yahoo) Kronos Inc. designs, develops, manufactures and markets time, attendance, and other data collection systems. Kronos also develops software that enhances productivity in the workplace. For the three months ended 1/2/98, revenues increased 19% to $53.1 million. Net income increased 32% to $3.2 million. Results reflect increased demand for the Company's Windows and client/server products and services to new customers and upgrade sales to existing customers. Issued & Outstanding Shares - 12.6 million Float 5.40 million shares Current Price- $39.375 Market Cap - $497,200,000.00 (1998) Sales - $226 million Q2 1999 sales (ended April 3) - $61,686,000 ASI: Advanced Systems International is a leading supplier of time and attendance and labor allocation applications, as well as data distribution and access (DDA) solutions for the Enterprise Resource Planning (ERP) environment. ASI's cost effective, comprehensive product offering includes the application software, hardware, implementation services and on-going support necessary for rapid deployment of enterprise-wide distributed processing. Key markets include automotive, automotive supply, packaged goods, pharmaceuticals, food processing and other manufacturing industries. Issued & Outstanding Shares - 12 million shares Float ~3.5 million shares Current Price- $1.25 Market Cap - $15 million (1998) Sales - $2,380 million Q1 1999 sales (ended March 31) - $1,762,260 Please take a good look at the comparisons for both companies between their recently released 1999 calendar year quarterly sales and their 1998 sales. It is important to note that both Kronos and ASI reported historic numbers in their past quarters. Kronos's same (calendar) period's sales account for 24% of their total 1998 sales results. ASI's same (calendar) period's sales represented a total of 74% of their total 1998 results. As you can see, when looking at these financial comparisons between companies, ASI compares very favourably to the market leader in the T&A field. Both companies are strong, yet ASI shows that it has a 3 to 1 potential for growth. With three more quarters to report this calendar year, and their customer base (and revenue) growing rapidly, I believe that the potential for their growth will get even better. As you posted in your message, ASI's President has stated that their 1999 revenue target is $11.5 million dollars. Should they achieve this target, that would represent a revenue increase in excess or 480% over the previous year. I am extremely confident that ASI's share price will rise accordingly to reflect this increase. It is this growth potential that continues to holds my attention. I remain a . . . Crazy Canuk