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The Miami Herald Investor Digest Column.(Originated from The Miami Herald)
Jul. 22--REFLECTONE
Nasdaq (Symbol RFTN)
52-week range: 9 1/2-22 1/2
"Founded in 1939, Reflectone, of Tampa, has businesses involved in the design, manufacture and sale of flight simulators, weapons system trainers, tactical air defense trainers, maintenance trainers, part-task trainers and other sophisticated training devices. Business is conducted through three main business segments: Training Devices (48.6 percent of revenues), Training Services (38.6 percent) and Systems Management (12.8 percent).
"Primary customers include the federal government and customers who buy simulation-based devices for the entertainment industry.
"At year-end 1995, the order backlog totaled $121.1 million, a $77 million increase over 1994. Earnings for the year were $1.36 per share, versus a loss of $1.35 per share in 1994. Approximately 50 percent of the common stock is owned by British Aerospace Holdings."
-- Jeffrey Germanotta and Walter Geiger
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