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Technology Stocks : CICI - Communication Intelligence, handwriting recognition
CICI 0.006200.0%Mar 3 4:00 PM EST

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To: John T. Hardee who wrote (830)12/14/1999 2:05:00 PM
From: Leedm  Read Replies (1) of 1025
 
From the YAHOO board!

Why to buy CICI>
by: johnstonbar (50/M/Hoquiam, WA) 12/14/1999 10:44 am EST
Msg: 9972 of 10016
CICI comments:
I have been an investor for 25 years. Once in a very long time does a situation come along with the potential of CICI. For those who do not know: This is a 10+ year old company which spent nearly $100 million developing technology for handwiting recognition and signature verification.
A few years ago they introduced some products into the marketplace for desktops and laptop
computers. They were premature and the company ran into trouble, declaring involuntary
bankrutpcy. This is when Philip Sassower entered the picture. He is a Harvard Law grad; and a ledgend on Wall street with a reputation for integrity and success. He took Newpark resources from 75 cents to $75. After extensove due diligence he lent the company millions of dollars and bought controlling interest CICI. He did this while being totally fair with existing shareholders.
The company very quickly energed from bankrpuptcy and all creditors were paid 100 cents on the dollar.
FAST FORWARD TO NOW. either by wisdom or good luck (and probably a bit of each)the company is in three of the "hottest" areas of business in the World today.
(1) Handwriting recognition: While this was not successful with desktops and laptops;(the
technology was great, but the market wasn't there) It is the only really practical input method for the samller units (Palm type (both from 3COM (palm pilot) and others like HP, Etc. and the Smart phones. These units are too small to have any real keyboard: and CICI has the very best, and most unique, recognition system. They have partnership and relationships with 3Com; HP. Microsoft for their CE (consumer electronics platform) Etc.These small forms were the talk of the recent COMDEX computer show in Las Vegas: and itwas at that time that the stock began to move upward.
The second business is Signature Verification; which simply (among other uses) is Security on the Internet. For years CICI has been validating documents between Chase Manhattan Bank and Govt. mortgage agency Ginnymae. In this business they have relationships with Verisign: Adobe, etc. This could be the biggest and most profitable area for them: CNBC stated Friday the E-Commerce this year will total $43 Billion and in 2002; $1.2 trillion. CICI is right there with a unique niche to fit into several programs and systems.
Finally; the company was originally started by a Native Chinese Scientist. He developed a
division in China (10% owned by a branch of the Chinese Government and 90% by CICI). Since
the US / China free trade agreement a few weeks ago everthing associated with China is Hot.Recognition is especially important here because of the number of characters in their alphabet.
THE COMPANY HAS LEARNED FROM ITS MISTAKES; THEIR AREAS OF BUSINESS ARE THE MOST EXCITING IN THE WORLD; MANAGEMENT IS SEASONED AND EXECLLENT; THEIR TECHNOLOGY IS PATENTED AND
PROPRRIATORY; THEIR PARTNERS ARE THE STRONGEST COMPANIES IN THE WORLD; AND FINALLY I THINK THIS STOCK WILL BE AT LEAST IN THE TEENS
IN Q-1 YEAR 2000. AFTER THAT; I BELIEVE THE SKYS THE LIMIT.
ps. THEY HAVE ABOUT 80 MILLION SHARES OUT' ABOUT HALF IS RESTRICTED
OR CLOSELY HELD. THE STOCK HAS TRADED IT'S ENTIRE FLOAT IN THE LAST FEW DAYS, THIS IS STOCK GOING INTO STRONG HANDS. AT 6 THE COMPANY
HAS A MARKET CAP OF LESS THAN $500 MILLION. IF THIS WAS AN IPO TODAY; THE COMPANY WOULD HAVE A MARKET CAP OF AT LEASE $ 3 BILLION DOLLARS OR 6 X TODAY'S PRICE. ALSO DO NOW WORRY ABOUT
DAILY MOVES. ALL STOCK PULL BACK AND CONSOLIDATE, THIS IS ALSO HEALTHY. IF YOU BUY; BUY FOR THE LONGER TERM. GOOD LUCK.
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