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Technology Stocks
NSII - N S I COMMUNICATIONS Satellite Solutions
An SI Board Since February 2000
Posts SubjectMarks Bans
36 2 0
Emcee:  David Michaud Type:  Unmoderated
Company Website nsicomm.com

By God... A profitable tech stock...

As at September 30, 1999 the company had working capital of over $10 million, principally in accounts receivable and inventories, and long term debt of less than $1 million.

Revenues for the nine months ended Sept. 30, 1999, approached a record $19-million resulting in net income of $1.3-million or three cents per share compared with revenues of $13.5-million and a net loss of $3.3-million or 13 cents per share for the same period in 1998. Sales for the third quarter ended Sept. 30, 1999, increased to $6.6-million from $6.4-million for the second quarter. Net income for the quarter was $860,000 or two cents per share compared with a loss of $357,592 or one cent per share in 1998.
NSI's president, David Ben-David, commented: "From the beginning of the year we have expected to end this year with record sales and profitability. The results we released today are the fourth profitable quarter in a row. We have also achieved consecutive growth in sales and net income from the first to the second, and now, to the third quarter of this year. Our recent success results not only from healthy repeat business from existing customers, but we have also been able to generate additional orders from new customers. This increase in our international customer base also gives us a solid foundation for future growth."

NSI Communications has received over $3.6-million in new orders during October, 1999.
Included in these orders are contracts for four new networks with a total value of over $3-million. The first of the new networks will be used by a major mining company to provide telephone and data connectivity between 28 locations across Mexico, enabling the implementation of a company wide ERP system. A second network, to be installed in South America, will link the Latin American offices of a U.S. corporation with its regional headquarters. The third new network will allow a major telecom operator to provide modern telecom services in a number of Eastern European countries. An electricity development company in China has ordered the last new network announced today and will use the system to interconnect 14 sites, to operate a data communication network. The balance of the orders are for expansion and services to existing networks.
NSI expects to deliver all of these new orders during the fourth quarter.

Company Contact:
David Ben-David, President and COO
(514) 956-8880
info@nsicomm.com
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ReplyMessage PreviewFromRecsPosted
36 NSI earnings increase in first quarter NSI Communications Inc NSII Shares issDavid Michaud-5/17/2000
35 Press Release - For Immediate Release For more information, contact: Phil MaseJim O'Connell-4/26/2000
34 Year End Financials stockhouse.comJim O'Connell-3/30/2000
33 NSI Communications Inc - NSI receives equipment order from Siemens NSI CommunDavid Michaud-3/10/2000
32 NSI receives $3.3-million in new orders NSI Communications Inc NSII Shares isDavid Michaud-3/2/2000
31 NR, Another $6M contract...David Michaud-2/25/2000
30 We could break the $3.00 mark today, they are getting recognition worldwide forJim O'Connell-2/24/2000
29 jim there were two 25,000 share trades this am. things are heating up here. vercharlie mcgeehan-2/24/2000
28 More Contracts YEEEEHAAAAAA Press Release - For Immediate Release For more infJim O'Connell-2/24/2000
27 hi jim the market always knows first. i guess this explains the stocks' recharlie mcgeehan-2/22/2000
26 Nsi Communications Announces $1.6 Million In New Orders MONTREAL, CANADA--NSIJim O'Connell-2/22/2000
25 Looks like we're going back up hey... David Michaud-2/21/2000
24 thanks jimcharlie mcgeehan-2/21/2000
23 Charlie try this, I accidently left a portion of a bracket on the end of the laJim O'Connell-2/21/2000
22 hi jim i'm getting an error message on the second url. would you mind re chcharlie mcgeehan-2/21/2000
21 Looking good $2.10 close EOM Jim Jim O'Connell-2/21/2000
20 Some bedtime reading if you are so inclined sciam.com nsicomm.com click on &quoJim O'Connell-2/21/2000
19 Looks like we are moving some this morning. Im starting to get pretty excited ainteresting man-2/21/2000
18 Thanks John, will join in. Jim Jim O'Connell-2/18/2000
17 guys, all the action for NSII is on stockhouse! Check it out: stockhouse.cJohn Taylor-2/18/2000
16 Welcome aboard Charlie, I probably received the same Email,I am sure they won&#Jim O'Connell-2/16/2000
15 nice to see a thread on this company. i bought at the beginning of this week ancharlie mcgeehan-2/16/2000
14 >>>>>is this for real. a wireless company with 8 cent earnings. Jim O'Connell-2/15/2000
13 i can't beleive what i'm seeing. is this for real. a wireless company wEIGHT-N-2/15/2000
12 I just remembered the company I just named has a position in NSII. Pinetree CapJim O'Connell-2/15/2000
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