January 17, 1999
Dear Editor: Your one-paragraph item on our company, Amplicon Inc., published Jan. 1, characterizes a lawsuit recently filed against our company as "a continuation of a string of contract litigations against the company." In fact, nearly all litigation involving Amplicon, including the three cases cited in the brief, has been filed by our company, not against it. What's more, nearly all of these lawsuits--including those cited in the brief, as well as those few not initiated by us--have ended in substantial monetary settlements or adjudications in Amplicon's favor, with the courts upholding the enforceability of our contracts.
April 28, 2000
The Santa Ana provider of mid-range computers and components posted net income of $5.3 million, or 45 cents a share, for its fiscal third quarter ended March 31. It earned $4.8 million, or 39 cents a share, in last year's third quarter. Revenue rose to $19.9 million from $16.9 million. For the first nine months, Amplicon earned $14.9 million, or $1.25 a share, ahead of $14.6 million, or $1.19 a share, earned in the same period last year. Revenue rose to $54.7 million for the period from $51.