Feb 07, 2003 (The Courier-Mail - ABIX via COMTEX) -- Australian Internet and information technology companies are starting to make gains. Industrial automation software company Citect and Internet search company LookSmart are two that have shown signs of revival. Citect has shown resilient demand. LookSmart posted its first net profit in January 2003. Online retailer dstore has recorded its first quarterly profit on sales of $A1.2 million. Accounting software developer MYOB is demonstrating solid revenue growth. Market experts predict a pick-up in the technology sector by the end of 2003.
Publication Date: 8 February 2003
CITECT CORPORATION LIMITED - ASX CTL: LOOKSMART LIMITED - ASX LOK: CISCO SYSTEMS INCORPORATED: BT AUSTRALIA (HOLDINGS) PTY LTD: DSTORE AUSTRALIA PTY LTD: HOTSHED RETAIL PTY LTD: AEGIS EQUITIES RESEARCH PTY LTD: MYOB LIMITED - ASX MYO: TECHINVEST HOLDINGS PTY LTD: TECHNOLOGY INVESTMENT FUND - ASX TIF: COMMONWEALTH SECURITIES LIMITED: MACQUARIE EQUITIES LIMITED: MACQUARIE BANK LIMITED - ASX MBL: TECHNOLOGY ONE LIMITED - ASX TNE
LOK Price at posting:
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