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Technology Stocks : Electronic Retailing Systems International (ERSI Nasdaq)

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To: A.J. Mullen who wrote (4)8/8/1996 12:23:00 PM
From: Stephen Pilgrim   of 92
 
The US is leading the way on this one. Trading was quiet on the AIM in London with 17,000 shares traded on wednesday. AIM volumes are always shown one day late. Today the stock was steady. There appear to be no sellers in London, the story is too good.

ERSI volumes are usually light in London though monday was the exception when 170,000 were traded on the back of a recommendation in the finest technology stockletter available in London.

Have ERSI been getting much coverage in the US ? This stock is getting stronger and I believe that those of us who are in early can look at the price we paid as perpetual option money. A few years from now todays prices will look unbelievably cheap for ERSI.

Stephen Pilgrim
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