Computone Gets Second Positive Endorsement for Capital Growth.Business Editors ATLANTA--(BUSINESS WIRE)--Oct. 17, 2001 Computone Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CMPT CMPT Computer Science (course) CMPT Compartment CMPT Compute CMPT Centre for Marine and Petroleum Technology (UK) CMPT Certified Manual Physical Therapist ) has received a second endorsement at www.DirigoResearch.com. In Dirigo Research's recommendation of CMPT, it says, "In layman's view, Computone Corporation is a classic turnaround situation." In its Summary, it says: "We expect this year's revenues to climb to the $14 million level compared to 2001's $10.9 million; and wouldn't be surprised if the company breaks even, completely reversing last year's $4.4 million loss. Another 30% increase in revenues in fiscal 2003 (March 30) could propel earnings to perhaps $0.25 per share, and PE ratio of 20 could take the stock up to the $5 mark. Bear in mind that this is our crystal ball, not the company's, and we could be overly optimistic. The way things are going since Leo Bebeau's return, our estimates might be conservative. We don't believe we're too far off; however, our advice is to buy CMPT now before the company's story is more widely-known on the Street." The Dirigo Research coverage includes a layman's explanation of what CMPT does, by Larry Oakley, who issued a prior research report under wallstreetcorner.com dated October 3, 2001 and has been following the company as a strong capital appreciation opportunity. Oakley's explanation is in terms most of us can easily understand. Computone (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CMPT), (www.computone.com) has been a leader in the IT industry since 1984. Today, Computone designs, manufactures and markets a line of intelligent servers for secure remote network management, secure E-commerce, and remote access communications for Internet, Sun(R) (SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA) SUNW Stanford University Network Workstation (Sun Microsystems, Inc) ), Linux(R), Hewlett-Packard(R) (HWP HWP Height (and) Weight Proportionate HWP Half-Wave Plate HWP Highway Patrol HWP Height Weight Proportional HWP Hewlett-Packard Corporation (stock symbol) HWP Hydrolyzed Whey Peptides ), Microsoft(R) Windows(R) NT (MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) and Novell(R) (NOVL NOVL Novell, Inc. (stock abbreviation, AMEX) ). Multi-User Solutions (www.multiuser Two or more users. .com), a subsidiary of Computone provides nationwide on-site hardware maintenance, operating system support, systems integration, and logistics management to customers in North America. This press release contains certain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. CMPT disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. All trademarks are properties of their respective owners. |
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