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Post# of 8564
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bigarow

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Alias Born 07/20/2001

bigarow

Re: None

Wednesday, 09/11/2002 10:34:12 AM

Wednesday, September 11, 2002 10:34:12 AM

Post# of 8564
ELST (.34) put on watch, profitable!

Financial Summary
ELST specializes in the manufacturing and development of the ESTeem Wireless Modem (which allows computers to communicate via radio frequency waves). For the six months ended 6/30/02, revenues totaled $1 million, up from $422 thousand. Net income totaled $141 thousand vs. a loss of $81 thousand. Revenues reflect increased domestic and foreign Industrial Automation applications sales. Net income also reflects improved gross margins.


Bigarow

Bigarow

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