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Technology Stocks : INTERFACE SYSTEMS (INTF) GETTING INTO EBPP?

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To: Bobb who wrote (566)11/18/1999 9:12:00 AM
From: David H. Zimmer  Read Replies (1) of 1203
 
Last night, through counsel, the information necessary to comply with 13-G requirements was submitted to counsel for filing on the Edgar system. A 13-G, for those of you who do not understand, is an SEC required filing when an entity controls more than 5% of a publicly traded issue. From what I can see on this board, we are not alone. I can also verify that point from the number of "white papers" we distributed as well as the plethora of emails and telephone calls we have received from investors of all sizes. What is consistent is our view of INTF for the future and that all are patient to hold for what should be a much higher stock price for INTF.

One of the most interesting conversations I had was with an individual, a large shareholder, who has owned the security for decades. This large shareholder agreed with our future prospects for INTF and was excited about the company and their involvement in the "L2i" field. Nothing, however, can make up for the many telephone calls and emails I have received from those who own as few as 500 shares to some who have accumulated 6,000 to 15,000 shares. The feeling among all is consistent, they are willing to be patient as INTF and its management executes on its business plan.

The "L2i" industry is going to be explosive. INTF will obtain its share at more than likely a better margined rate than its competitors for two major reasons (1) existing clients and (2) existing legacy applications. They have been making their customers' information readily available from their mainframe location for years. Making it available to the internet simply represents its availability on another media.

There are several of you who can take my place. If there is something you must speak to me about please feel free to email me at dhzone@concentric.net or call me at 1-800-330-4215.

We started posting in July simultaneously with the initiation of our purchase. We remain accumulators of INTF and will continue to purchase the stock. we have no intention of selling and anticipate ownership of the company until it is acquired by one of many companies that we have identified as potential suitors.

Our best to all. David H. Zimmer signing off.
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