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Technology Stocks : Verifone (VFI)
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To: Jean-Pierre Abe who wrote ()3/18/1997 9:40:00 PM
From: hsg   of 369
 
US MARKET IS VASTLY UNDERDEVELOPED. I LIVE IN CANADA AND DEBIT CARDS ARE USED EVERYWHERE AND USAGE IS GROWING LIKE CRAZY. A CANADIAN COMPANY, INTERNATIONAL VERIFACT IS DOMINANT HERE AND IS MOVING AGGRESIVLY INTO THE US. IT TRADES ON THE TORONTO EXCHANGE UNDER IVI AND ON NASDAQ UNDER IVIAF. VERIFONE IS A VERY GOOD COMPANY AS WELL (DOMINANT IN THE MARKET) AND ON A RECENT TRIP TO THE FAR EAST I NOTED THAT VERIFONE HAS MUCH OF THE MARKET. THIS IS DEFINITLY A GROWTH MARKET.
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