AIT Advanced Information Technologies Corp. Message Board

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Gold/Mining/Energy : AIT Advanced Information Technologies Corp.

AIV 5.710

+0.3%

Nov 26 3:59 PM EST

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To: Lee Matheson who wrote (21)	3/18/1997 9:42:00 PM
From: hugh thorne	of 130

Lee, spoke with IR and got emails. No shares repurchased, this is a mistake of Stockwatch. MAS is a private company in California. What is interesting is that they don't compete with ADT usa. In fact, AIT and MAS could team and together try to bag ADT usa as a client. As you may know, ADT cda and AIT have an agreement which was signed in Sept. 1996. Still no formal anouncement from Citibank deal; they have been supplying product but Citibank won't allow announcements. They continue to expect 1997 sales to be $25 million plus, which means the company is trading at less then 1 tims sales. When they are profitable again in 1998, this should have a good run. They indicated that new director who was past chair of US chamber of commerce has an amazing number of us connections. They seem to have good new mgmt and board, i expect fairly big stuff here in fiscal 1998.

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