International Automated Systems Message Board

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Microcap & Penny Stocks : International Automated Systems

IAUS 0.0400

0.0%

Jul 8 5:00 PM EST

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To: Michael A Williamson who wrote (95)	6/28/1996 3:36:00 PM
From: David Smart	of 7618

I've been a skeptic on this stock from the very beginning so take this for what it's worth. I didn't make it to the demo til it was nearly over. From what I hear it didn't mattered because nobody understood anything anyway. But, I did run into a friend who is an engineer for US Robotics. He was there with several other engineers from USR. He wasn't impressed at all. He said he followed most of the lecture and that no new technology was presented. He also said that one of the other engineers with him (who holds several patents in this field) thought that Neldons formulas/assumtions inhherent to DWM were not correct. Naturally USR would be hurt if IAS claims were true, so you have to take it with a grain of salt. Personally, I think this company could make some money if they spent more time completing their products and getting them to market, and less time hyping up how rich you will be if you buy their stock. But revolutionary technology? I'm not convinced. Faithfully yours in an effort to balance the conversation on this highly speculative stock, Dave

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