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FTEK |
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Here is a company you can really feel good about owning. FTEK develops, licenses, and markets air pollution control technologies and systems tailored to meet imminent EPA regulatory mandates in the US and overseas. FTEK also markets fuel treatment chemicals and processes that reduce slag formation and corrosion in boiler, furnaces, and incinerators. For the nine months ended 9/99 revenues increased 42% to $24.5 million. Net income rose from $271 thousand to $2.3 million. Results reflect higher sales and margins, and the absence of minority interest charges.
Home page: fuel-tech.com
Latest 10K: edgar-online.com
FTEK is the leader in technology to reduce nitrogen oxide emissions from utility power generating facilities. The federal government has mandated drastic reduction of NOx by 2003 assuring FTEK of a U.S. market for its products for years to come. In addition, the company has significant business world wide. Increasing sales, revenues and earnings. This stock has nowhere to go but up.
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