Applied Cellular Technology management estimates $0.10 earnings per share in second quarter 1995.SPRINGFIELD, Mo.--(BUSINESS WIRE)--May 23, 1995--Applied Cellular Technology Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : ACTC ACTC Apple Certified Technical Coordinator ACTC Almaden Cycle Touring Club ACTC Associated Colleges of the Twin Cities ACTC All Ceylon Tamil Congress (Sri Lanka) ACTC Association Canadienne de Télévision par Câble ) continues to show tremendous strength in sales through the second quarter, after coming off the best earnings period in the company's history during the first quarter ($0.06 earnings per share vs. a loss of $0.02 earnings per share). Acquisition activity remains high, as Richard J. Sullivan continues to pursue negotiations to further exploit ACTC's positioning as a niche player in wireless communication technologies and software development tool products. Like many of the great baseball managers, if you will, in the likes of Casey Stengal, Yogi Berra Noun 1. Yogi Berra - United States baseball player (born 1925) Berra, Lawrence Peter Berra, Yogi and Tommy Lasorda
(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. ball by mid-summer as a bonafide league contender in this fractionated industry. All positions on this field are covered! Operations at the main headquarters are well grounded, with new installations of customized products for route accounting and shipping systems selling at a fast pace. Quarter-to-quarter revenues comparisons in this area are an estimated $250,000, up 12%. In addition, at the company's subsidiary in Massachusetts, Tech Tools, apparently has one of the industry's first software developer tools already on the shelf for integrating programs with the soon-to- be-released Microsoft Windows '95. This product, combined with the company's new DataBoss II product, has already generated revenues of over $100,000 in just one month, and the margins here are exceptional. Overall, ACTC continues to show strong earnings momentum in second quarter 1995 and market attention. Management estimates earnings per share of $0.10 for the quarter, and is still confident of fiscal year earnings per share of $0.50. CONTACT: Pratt, Wylce & Lords Ltd., Idaho Springs, Colo. 303/567-0839 |
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