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Technology Stocks : Extended Systems Inc (XTND)
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To: Boplicity who wrote (67)2/24/2000 3:53:00 AM
From: Labrador   of 403
 
Greg,
It is good to have you on this thread; it's alive again.

Long-term this company will be a leading Blue Tooth software provider; it's had a decent run over the past month -- but I think that 1-2 years out, we'll be much higher. This is a small capitalization company, with ramping up sales, limited float and obviously limited daily volume. Float under 7 million shares. Volume has picked up to 600K shares [I think with the Naz, this means 300K shares traded.] Typical volume under 200,000 shares [100K shares traded].

Do you realize that the market capitalization of XTND is under $1 billion?

I think that the 3COM deal is just the beginning. I suspect that 2-3 years out, Blue Tooth will be used in many applications, and it will be quite an advantage for those that use the technology, which will be a standard. XTND is likely shark's bait over that time horizon.
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