stratatel keep a watch on it, page-4

I have been following Stratatel for some time. Sold recently due to cash flow shortage but wasn't happy to sit on the sideline...(so am back on board). Share price constantly moving in a positive direction. Only 62 mill on issue. Top 20 shareholders own 44% of the shares...

receipts from customers 1st quarter 2003/04 $320000
receipts from customers 2nd quarter 2003/04 $302000
receipts from customers 3rd quarter 2003/04 $309000
receipts from customers 4th quarter 2003/04 $344000
receipts from customers 1st quarter 2004/05 $429000

Made a profit of $24000 last quarter..
$944000 in the bank.

Finally reached number of units held to continue profitability.

This company is one of the companies you buy and put in the bottom draw and wait for the dividends to roll in. Currently at 15cents... opportunity for a great return on your investment. Not a company for day traders....

Geoff