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Gold/Mining/Energy : Canadian Technology issues

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To: Vartan who wrote ()5/1/1996 9:15:00 AM
From: Phillip Bucchi   of 640
 
I'm interested in a stock called MDSI mobile data on the Toronto exchange (MMD is the sybol). It is in the wireless software business where they builld, customize and install wireless software for the service portion of the utility market. Have installed systems a British Gas and elsewhere. Recently, they signed a deal with IBM, where IBM will market the MDSI product to other markets. Sales were $16M last year with Pacific securities of Canada estimating them at $27M this year. The company recently consolidaed ownership and changed management from venture people who started the company to people who understand the Technology and came from Motorola.

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Phil Bucchi
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