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Gold/Mining/Energy : MYT - Mytec Technologies

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To: JOHN RIXON who wrote (1050)7/8/1998 8:36:00 AM
From: Investor 007  Read Replies (1) of 1535
 
I first learned about Mytec about 3 or 4 years ago from a newspaper article. From there I relied on my broker to supply Mytec info and all related industry info he could find. He keeps me reasonably well informed.

I loosely follow other companies but don't invest in them. Mytec has soaked up my quota for biometric investment. I like to participate in some other industries as well.

No doubt I do vent alot about Mytec performance, but it's not just for the sake of venting. I have a real concern that many non leaders in this market will suffer from the upcoming shakeout. Buyers of biometrics will want to follow winners; in other words those with high profile success like an endorsement from CPQ. Now that's powerful.

Having a distributor in Korea or even the UK for that matter, will not pull alot of weight when trying to sell a Mytec solution in volume to fortune 500 companies. The race will be won or lost at the starting gate. So far, Mytec has already had at least one false start.

I hope I've answered your questions.
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