SCS Solars Computing Systems Inc. Message Board

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Gold/Mining/Energy : SCS Solars Computing Systems Inc.

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To: White Shoes who wrote (962)	7/1/1999 11:15:00 PM
From: Sam	Read Replies (1) of 1201

Maybe this will wake us up ,from todays FP Computing Systems Inc. (SCS/VSE), which had a recent close of 91¢ and trades in a 52-week range of $1.80 to 7¢. The Vancouver-based company develops software for online information and reservations for leisure travel products. Its Solarnet Travel System allows, for instance, a bulk seller of airline tickets and a tour operator with travel packages to provide detailed product information for travel agents on the Internet. SCS recently signed a four-year contract with Orbit Network of Novato, Calif. Orbit provides proprietary connections to the Internet and major airline reservation systems. SCS recently signed a five-year contract with Peninsular & Orient Steam Navigation, a major multinational conglomerate with a travel division that includes a cruise line. The company has about 30 other contracts in the works, most of which are in North America. Mr. Wong estimates revenue of $1-million for the fiscal year ending November, 1999, and $13.5-million for fiscal 2000. His 12-month target price is $2. 25 on a fully diluted basis.

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