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Thursday, 08/07/2003 1:20:30 AM

Thursday, August 07, 2003 1:20:30 AM

Post# of 11
08/06/03 OTC Journal, Clue to the future

Amnis Systems (OTC BB: AMNM)- Press Release Provides Clue to the Future

Amnis Systems was in the news earlier this week with a reseller distribution agreement. I didn't have a chance to cover the event, but quote in the press release bears reprinting. As follows:

"Amnis is on target to sign a minimum of four (4) new resellers in the third quarter of 2003," said Scott Mac Caughern, President and CEO of Amnis Systems, Inc. "Our order pipeline continues to rapidly recover as new order input for the fourth quarter of this year is expected to double the third quarter's orders."

One can surmise from this statement that Amnis will enjoy accelerating sales for the remainder of the year, with the 4th quarter bringing a climax. Amnis is another stock which is probably oversold.

http://www.otcjournal.com/archive/listserv/20030806-1.html
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