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Technology Stocks : OSFT - Objectsoft

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To: Ted Gregg who wrote (652)8/17/1999 7:22:00 PM
From: Hyeonmoo Lee  Read Replies (1) of 694
 
I think news release today was a good news. Because of this finacing, the stock have not been moving up yet. In the news, there will be another fiancing will be coming. These finacing will absolutely necessary for manufacturing the kiosks near the future. So, why the stock didnot respond to the news. I don't think the news is not directly related with revenue osft is looking for. Revenue comes from one time installation charge and advertisement. The latter is a greater source of revenue in the future. Once OSFT makes a advertisement contract, the stock will react. Remember, the kiosks in New York city generates $18,000 per kiosk. Osft successfully deploys 500 kiosks by end of this year, it generate a profit of 6-9 million at annual rate only from advertisement. Good Luck.
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