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Gold/Mining/Energy : Newsys Solutions Inc A. NSS
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To: LABMAN who wrote (69)12/2/1999 10:25:00 PM
From: BM   of 111
 
Nice to finally see the convincing break through resistance to hit new highs this week.

Newsys is evolving precisely as per the plan presented at the AGM but your posting outlines some very interesting potential surprises re major wins in the near future.

I particularly liked "Right now, he reveals, some of the companies looking at the products "are massive, billion-dollar" entities. NewSys is also in negotiations with a few companies for large contracts on par with the one signed earlier this year. "One of them is fairly substantial," Quigg says. He describes it as "almost like a joint product development contract with a big software vendor." NewSys might remain a hidden provider of the product, and Quigg says he can't name any names, only saying it would be a seven-digit contract, and that he will be able to confirm it this week. The company is not facing any competition for the deal. Quigg also hints that there there is potential for a much bigger upcoming contract. This week, NewSys will be presenting solutions for a project on the CRM side of the business in Toronto. Large companies are offering competing proposals for two separate contracts, but Quigg says NewSys is the only company to present a solution for both."

Worth a careful watch - if some of these pan out, Groome's $1.60 target may be history!
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