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FORTEL, FRTL, von MINUS 0,08 EPS auf 0,00 EPS ; das sind 800 % STEIGERUNG und ein TURNAROUND - 500 Beiträge pro Seite

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August 10, 2000


Quarterly Report (SEC form 10-Q)



Result of Operations

The Company recorded net income of $57,000 ($0.00 per share) for the quarter ended June 30, 2000 compared with a net loss of $1,840,000 ($0.08 per share)
for the same quarter of the prior year. Weighted average shares outstanding for the current quarter were 27,019,000 compared to 21,930,000 for the same quarter
of the prior year. For the nine months ended June 30, 2000, the net loss was $3,931,000 ($0.15 per share) compared with a net loss of $6,679,000 ($0.31 per
share) for the same period a year earlier. Year-to-date weighted average shares were 25,760,000 versus 21,739,000 in the prior year.

Total net sales for the current quarter was $7,791,000 versus total net sales of $6,318,000 for the same quarter of the prior year, an increase of $1,473,000 or
23%. The prior year included revenue of $2,656,000 from the sale of Year 2000 services, which the Company ceased providing in October 1999. Net sales of
software licenses and related services increased 113% versus the same quarter of the prior year. For the nine months ended June 30, 2000, total net sales was
$17,402,000 versus $16,457,000 for the same period of the prior year, an increase of $945,000 or 6%. Included in the prior year was revenue of $3,422,000 from
the sale of Year 2000 services. Net sales of software licenses and related services increased 31% versus the same period of the prior year. Sales to one customer
amounted to 44% and 20% of net sales for the quarter and nine-month period ended June 30, 2000, respectively.

Gross margin as a percent of net sales was 69% for the quarter ended June 30, 2000 compared to 46% for the same quarter of the prior year. For the nine-month
period ended June 30, 2000, gross margin was 67% versus 57% for the same period of the prior year. The improvement in gross margin percentage during the
current quarter and nine-month period is primarily attributable to product mix. Future gross margins may be affected by several factors including mix of products
sold, the price of products sold and price competition.

Research and development expenses for the quarter ended June 30, 2000 were $1,184,000 or 15% of total net sales compared with $749,000 or 12% of total net
sales for the same quarter of the

prior year. Actual spending increased $435,000. For the nine-month period ended June 30, 2000, research and development expense was $2,536,000 or 15% of
total net sales compared with $2,017,000 or 12% of total net sales for the same period of the prior year. Actual spending increased $519,000. The increase in
spending during both periods was attributable to increased development costs.

Selling, general and administrative (SG&A) expenses were $5,138,000 or 66% of total net sales versus $3,920,000 or 62% of total net sales for the same quarter
of the prior year. Actual spending increased $1,218,000. For the nine-month period ended June 30, 2000, SG&A was $13,895,000 or 80% of total net sales
versus $11,470,000 or 70% of total net sales for the same period of the prior year. Actual spending increased $2,425,000. The increased spending in both periods
is attributable to increased salaries and related benefits related to additional sales and marketing personnel, increased travel and entertainment, increased consulting
and professional services and higher commission costs. In addition, during the current quarter, approximately $520,000 was incurred related to the re-launch of the
Company and its new SightLine product. A loss of approximately $371,000, related to the sublease of the Company`s facility in Fremont (CA), was incurred during
the second quarter of the current fiscal year. Additional legal expense of approximately $175,000 was incurred during the current quarter related to a lawsuit settled
during the quarter.

Other income was $1,009,000 and $869,000 for the quarter and nine-month period ended June 30, 2000, respectively. Included in other income in the current
quarter was a gain of approximately $1,800,000 related to the favorable settlement of a vendor lawsuit. In addition, a charge of approximately $800,000 related to
the issuance of 387,500 shares of the Company`s common stock, in settlement of a lawsuit filed against the Company, is also included in other income in the current
quarter. For the same quarter and nine-month period of the prior year, other expense was $62,000 and $1,037,000, respectively. Included in other expense in the
quarter and nine-month period of the prior year was primarily interest expense related to a convertible subordinated debenture.

Liquidity and Capital Resources

During the nine-month period ended June 30, 2000, working capital decreased $2,743,000 and cash flow utilized by operating

activities totaled $133,000. Cash utilized by operating activities resulted primarily from the net loss of $3,931,000 and an increase in accounts receivable of
$1,215,000, offset by an increase in deferred revenue of $1,418,000, an increase in accounts payable and accrued liabilities of $1,040,000 and depreciation and
amortization charges of $1,628,000.

Net cash used in investing activities of $1,381,000 consists of $680,000 in capitalized software development costs and $676,000 in acquisition of fixed assets. Net
cash provided by financing activities was $154,000, resulting primarily from the sale of stock under the Company`s employee stock purchase plan.

Management believes that the Company will be able to meet its cash requirement needs for the next twelve months from cash on hand, other working capital, cash
flow from operations augmented by an available accounts receivable factoring arrangement. In addition, on July 18, 2000, the Company closed a private placement
of the Company`s common stock and received gross proceeds of $5,000,000.

Recent Accounting Pronouncements

In March 2000, the Financial Accounting Standards Board ("FASB") issued FASB Interpretation No. 44 ("FIN 44"), Accounting for Certain Transactions involving
Stock Compensation an interpretation of APB Opinion No. 25. FIN 44 clarifies the application of Opinion 25 for (a) the definition of employee for purposes of
applying Opinion 25, (b) the criteria for determining whether a plan qualifies as a noncompensatory plan, (c) the accounting consequence of various modifications to
the terms of a previously fixed stock option or award, and (d) the accounting for an exchange of stock compensation awards in a business combination.

FIN 44 is effective July 1, 2000, but certain conclusions cover specific events that occur after either December 15, 1998, or January 12, 2000. Management
believes that the effects of the conclusions which are specific to events after December 15, 1998 and January 12, 2000 will not have a material effect on the financial
position and results of operation on adoption of FIN 44. In addition, management believes that the adoption of the other conclusions of FIN 44 will not have a
material effect on the financial position or results of operations of the Company.

In December 1999, the Securities and Exchange Commission ("SEC")

issued Staff Accounting Bulleting No. 101 ("SAB 101"), "Revenue Recognition in Financial Statements", which provides guidance on the recognition, presentation
and disclosure of revenue in financial statements filed with the SEC. SAB 101 outlines the basic criteria that must be met to recognize revenue and provides guidance
for disclosures related to revenue recognition policies. Management believes that, based on information currently available, the adoption of SAB 101 will not have a
material effect on the financial position or results of operations of the Company. However, the guidance given in SAB 101 is still under discussion by the Securities
and Exchange Commission and may be revised. Such revisions could have a material effect on the financial position or results of operations of the Company.

In June 1998, the Financial Accounting Standards Board ("FASB") issued Statement of Financial Accounting Standards ("SFAS") No. 133, "Accounting for
Derivative Instruments and Hedging Activities". SFAS No. 133 establishes accounting and reporting standards requiring that every derivative instrument, including
certain derivative instruments embedded in other contracts, be recorded in the balance sheet as either an asset or liability measured at its fair value. SFAS No. 133
requires that changes in the derivative`s fair value be recognized currently in earnings unless specific hedge accounting criteria are met. Special accounting for
qualifying hedges allows a derivative`s gains and losses to offset related results on the hedged item in the income statement, and requires that a company must
formally document, designate and assess the effectiveness of transactions that receive hedge accounting. SFAS No. 133 is effective for the Company in fiscal year
2001 and will not require retroactive restatement of prior period financial statements. Management believes that the adoption of SFAS No. 133 will not have a
material effect on the financial position or results of operations.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

The Company considered the provision of Financial Reporting Release No. 48, "Disclosure of Accounting Policies for Derivative Financial Instruments and
Derivative Commodity Instruments, and Disclosure of Quantitative and Qualitative Information about Market Risk Inherent in Derivative Financial Instruments, Other
Financial Instruments and Derivative Commodity Instruments". The Company had no holdings of derivative financial or commodity instruments at June 30, 2000. A
review of other financial

instruments and risk exposures at that date revealed the Company did not have exposure to interest rate risk.

======================================================= This Report on Form 10-Q contains forward-looking statements which are made
in reliance on the Safe Harbor provisions of the Private Securities Litigation Reform Act. Readers are cautioned that such forward-looking statements are subject to
risks and uncertainties and actual results could differ materially. Certain of these risks and uncertainties are discussed herein under the section "Risk Factors" and
elsewhere in this Report as well in the Company`s other filings with the Securities and Exchange Commission.

- Fortel and SightLine are trademarks of Fortel Inc. All other product names and brand names are trademarks or registered trademarks of their respective holders.


nach den neuesten unsitten,
die sich am markt durchsetzen,
müsste se jetzt kräftig fallen.

guten morgen antigone

um so besser die ZAHLEN um so größer dass
schlechte zahlen CRASH
gute zahlen

ABER !!!!

DIE AMMIS werden auch wieder zur BESINNUNG kommen.


du kannst locker am AMMIMARKT aus deinem WOHNZIMMER traden.
D.H. nicht die AMMIS sind schuld sondern die ganze WELT im INTERNET ist schuld

STOPPKURSE knallen durch
SHORTSELLER gehen brutal vor und allle handeln nach dem motto
THE TREND is YOUR FREND und wenn der runter zeigt gehen ALLE SHORT
( egal welche fundamentalen daten dahinterstecken)

ABER glaube mir
ES ist immer nur eine KURZE ERSCHEINUNG.

ich denke nach der ZINSENTSCHEIDUNG.

BILLIG wie bei ALDI ein, und laß es liegen bis zur ÜBERTREIBUNG in die RICHTUNG ******** LONG *********

dann wollen ALLE wieder REIN in den MARKT.

richtig bemerkt andy,

wir brauchen hier noch eine bis zwei so Worldcom-news, dann kommt unser baby
schon wieder auf die Beine.

Gruß Liv
Uff jetzt sogar unter 1,5 USD gefallen. Da werd ich wohl kaufen müssen. Ein Geschenk so ein Kurs - ja mei ham denn wia scho Weihnachten?
heute kommt ein charttechnisch wichtiger tag

über 1,9 bis 2 schließen und der trend seit märz wird gebrochen

hoffentlich gets da drüben los
bye andy
hier mal die letzten darstellungen von FORTEL



For the three quarters of fiscal 2000 we reported a net loss of $3,931,000. During our 1999 fiscal year, we reported a net loss of
$13,103,000. We reported a net loss of $43,205,000 in fiscal 1998. We reported a net loss of $17,501,000 in fiscal 1997.

TURNAROUND vom feinsten

While we have taken a number of steps to attempt to return to profitability, there is no assurance that we will be successful. A
significant portion of the losses through fiscal 1999 were caused by the operations of our former storage systems business unit and the
writeoff of our investment in and advances to MatriDigm Corporation. In July 1998, we sold the storage systems business unit. At
September 30, 1999, we had written off all of our investments in and advances to MatriDigm Corporation, which filed for Chapter
Seven bankruptcy in October 1999. We were successful in subleasing our Fremont headquarters and, in April 2000, moved to
smaller less costly premises. We are also taking other actions to reduce our costs in an effort to bring costs into line with anticipated
revenues. There can be no assurance that we will be successful in this effort and remain a viable operating entity.


Our quarterly operating results have in the past varied and may in the future vary significantly depending on a number of factors,

- The level of competition, size, timing, cancellation or rescheduling of significant orders;

- Market acceptance of new products and product enhancements;

- New product announcements or introductions by our competitors;

- Deferrals of customer orders in anticipation of new products or product enhancements;


- Changes in pricing by us or our competitors;

- Our ability to develop, introduce and market new products and product enhancements on a timely basis;

- Our success in expanding our sales and marketing programs;

- Technological changes in the market for our products;

- Product mix and the mix of sales among our sales channels;

- Levels of expenditures on research and development;

- Changes in our strategy and personnel changes;

- General economic trends and other factors.

Due to all of the foregoing factors, we believe that period-to-period comparisons of our results of operations are not necessarily
meaningful and should not be relied upon as an indicator of future performance. It is possible that in some future quarter our operating
results may be below the expectations of public market analysts and investors.

ES muß und wird KNALLEN

hallo alle fortel/ex-zitel-fans,
andy, dein optimismus in ehren, aber langsam bin ich doch von unserem baby genervt. seit monaten reden wir uns hier immer nur von einem positiven ereignis zum anderen - allerdings der kurs hat nur eine richtung - downgrade in den süden. also ich hoffe auch weiter; wqäre ja schon über die alten höchststände von 6,50 froh. nur das ist eine vervierfachung + x !
ja echt scheiße
vielleicht bekommen wir nächste woche :

könnte etwas passieren
FRTL(ZITEL) hat überraschung drauf

der stochastik LANGFRIST zeigt eine wende an.(schnitt)
ich weiß nichts, hoffe aber es kommt ein HAMMER
ich hänge nun auch im minus rum

schönes WO

hallo andy,

der thread hier gefällt mir mittlerweile. Alle, aber auch alle sind gehörig genervt.
Was sagt mir dies: die Trendwende ist nicht weit.

also : Geduld , Geduld.

Schönen Sonntag noch.

Gruß Livermore3
FORTEL Names Fortelka Sr. VP of Product Operations

PR Newswire
Monday August 21 8:33am

Will Streamline Time-to-Market for eBusiness Service Level Assurance Technology

FREMONT, Calif., Aug. 21 /PRNewswire/ -- FORTEL Inc. (Nasdaq: FRTL) announced today that Robert E. Fortelka, a thirty-year software industry veteran, has joined the Company as Sr. Vice President of Product Operations. FORTEL created the new position and brought in Fortelka in response to increased demand driven by their market-leading work in eBusiness Service Level Assurance software technology.

Mr. Fortelka will be responsible for overall product release management and delivery. This includes overseeing software engineering, quality assurance, product configuration, and customer service.

"Bob brings to us a wealth of experience in software product life cycle management," said FORTEL President and CEO Asa W. Lanum. "He can hit the ground running and help us flatten time to market while optimizing our software quality and our responsiveness to customer support needs."

Mr. Fortelka has experience in all facets of software product development and delivery. Prior to joining FORTEL, he served as VP of Software Development and Operations for TIDAL Software a systems management vendor. Mr. Fortelka also held a number of executive positions at Pansophic Systems, prior to the acquisition by Computer Associates.

Mr. Fortelka has special expertise in time-to-market delivery methodologies, quality process improvement and strategic management.

About FORTEL Inc.

FORTEL provides the first real-time performance management solution that assures the end-to-end service-level goals of eBusiness. FORTEL`s SightLine suite is based on analysis and correlation software that has been applied and tuned for more than 10 years in the systems management performance arena by customers in finance and banking, defense management, manufacturing, retail services and government. FORTEL counts among its customers many of the world`s largest and most well known organizations and enterprises. The Company is headquartered in Fremont, Calif., and can be contacted at 510-440-9600 or by visiting its web site at www.FORTEL.com.

NOTE: All rights reserved. FORTEL and SightLine are trademarks of FORTEL Inc.

This press release may contain projections and other forward-looking statements regarding future events or the future financial performance. Such statements are only predictions and actual events or results may differ materially. Refer to the documents FORTEL Inc. files from time to time with the Securities and Exchange Commission. These documents contain and identify important factors that could cause the actual results to differ materially from those contained in the projections or forward-looking statements in this press release.

Source: FORTEL Inc.
Contact: Bob Geller of Fusion PR, 212-651-4224, for FORTEL Inc.

Source: PR Newswire
ich habe es mal übersetzt

Sr VP FORTEL-Namen Fortelka der Produktoperationen glättet Time-to-Market für eBusiness-Service-Stufe Versicherung Technologie

MONTAG, AUGUST 21, 2000 8:33 morgens - PRNewswire

FREMONT, Calif., hat Aug 21, 2000 / PRNewswire über COMTEX / -- FORTEL Inc. (Nasdaq:FRTL) verkündeten heute diesen Robert E. Fortelka, ein Dreißigjahr-Software-Industrieveteran, die Firma als Srvizepräsident der Produktoperationen verbunden. FORTEL erstellte die neue Position und holt in Fortelka in Erwiderung auf die erhöhte Nachfrage, die durch ihre Markt-führende Arbeit in der eBusiness-Service-Stufe Versicherung Software-Technologie angetrieben wurde.

Für Herr Fortelka ist gesamtes Produktfreigabe Management und Anlieferung verantwortlich. Dieses umfaßt das Beaufsichtigen von Softwaretechnik, von Qualitätssicherung, von Produktkonfiguration und von Kundendienst.

" Bob holt uns eine Fülle der Erfahrung im Software-Produktlebenszyklusmanagement, " sagte FORTEL Präsidenten und CEO ASA W. Lanum. " er kann den Bodenlauf schlagen und uns helfen, Zeit zum Markt flachzudrücken, wann, unsere Software Qualität und unser Reaktionsvermögen zu den Kundenbetreuung Notwendigkeiten optimierend.",

**time-out** Herr Fortelka haben Erfahrung in all Facette von Software Produkt Entwicklung und Anlieferung. Vor dem Verbinden von FORTEL, diente er als VP der Software Entwicklung und der Operationen für GEZEITEN- Software ein Systemmanagementverkäufer. Herr. Fortelka hielt auch eine Anzahl von leitenden Stellungen an den Systemen Pansophic, vor der Datenerfassung durch Computer Associates an.

Herr Fortelka hat spezielle Sachkenntnis in den Zeit-zu-Marktanlieferung Methodenlehren, in der Qualitätsverbesserung der Fertigungsprozesse und im strategischen Management.

Über Fortel Inc..

FORTEL liefert die erste Echtzeitleistungsüberwachunglösung, die den aufeinanderfolgenden Service-Stufe Zielen von eBusiness versichert. Suite FORTEL`s SightLine basiert auf Analyse und Wechselbeziehungsoftware, die mehr als 10 Jahre in der Systemmanagement-Leistung Arena von den Kunden in der Finanzierung und in Bankverkehr, im Verteidigungmanagement, in der Herstellung, in den Kleindienstleistungen und in der Regierung beantragen worden und justiert worden ist. FORTEL zählt unter seinen Kunden viele der größten und weithin bekanntesten Organisationen der Welt und der Unternehmen. Mit 0 Firma wird in Fremont, Calif. gehabt und kann in Verbindung getreten werden bei 510-440-9600 oder indem man seine Web site an www.FORTEL.com besucht.

ANMERKUNG: Alle Rechte vorbehalten. FORTEL und SightLine sind eingetragene Warenzeichen von FORTEL Inc..

Enthalten dieses Pressekommuniqué Projektionen und andere kann Vorwärts-forward-looking Anweisungen betreffend sind zukünftige Fälle oder die zukünftige finanzielle Leistung. Solche Anweisungen sind nur Vorhersagen und tatsächliche Fälle oder Resultate können materiell sich unterscheiden. Sprechen Sie die Dateien DokumentcFortel mit Inc. von der Zeit Zeit zur die Aktien und Austauschkommission an. In diese Dokumente enthalten und kennzeichnen wichtige Faktoren, die die tatsächlichen Resultate veranlassen konnten, sich von denen materiell zu unterscheiden, die die Projektionen oder Vorwärts-forward-looking Anweisungen in diesem Pressekommuniqué enthalten wurden.
an alle,

besteht eigentlich ein engerer Zusammenhang zwischen Mr. Fortelka und Fortel ???
Ist das nur eine zufällige Namensgleichheit oder gehört ihm der ganze Schuppen ??
Wer weiß etwas ?

Gruß Livermore
Das hab ich mich auch schon gefragt!!!

Aber genaueres weiß ich auch nicht!!

Vielleicht steht ja was auf http://www.fortel.com

Bis denne

h. fortelka soll mal seine ganzen privatmittel in den kurs stecken

oder die MM`s bestechen


is`n joke

aber achtet mal auf die nächsten tage
ein anstieg über 2 $ ist eine trendumkehr.


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