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Technology Stocks : Get Smart, Net 1 UEPS Technologies (NUEP)

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To: HiGuy who wrote (120)9/3/1999 7:50:00 PM
From: Gator  Read Replies (1) of 183
 
HiGuy, I had heard that NUEP was bidding on the Mexican project, yet I am surprised to see in the release that Gemplus was the only one offering this technology...I also know that Gemplus has a major position and interest in NUEP (and I am not sure of the conditions on the NUEP/VISA agreement, i.e., right of first refusal for use of NUEP's technology by VISA, if any???), and NUEP's earlier Corporate move to Bermuda for a more favorable tax status...

There also was one news letter (in the last 60 days) saying to look for action on NUEP in the Fall...

In all, not really sure where NUEP fits here??? But, if they do, look out...Could Gemplus be licensing NUEP's technology to enhance their own product line??? Very little volume, so I wonder, Your thoughts???

Later...Gator
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