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Gold/Mining/Energy : CDN. MOMO PUPPIES
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To: Lola who wrote (20613)1/20/2000 8:07:00 AM
From: Daytek77  Read Replies (1) of 36688
 
Hello Lola,

Actually the story on INP is very bullish. I have played it the last few days and will look for a good re-entry point. First you are correct there are 12.7 million s/o however 54.4% of that (6.91 mil ) is owned by slmsoft.com (esp.a/b on the TSE) and IBM owns about 2 million shares also. Therefore the float is less than 4 million about 3.8 million to be exact. Further the city that they won the contract for is rumored to be New York and IBM has other cities that will be using their pos+ solution, John Racciopio intimated that in the release. The government of Manitoba has already started implementing their software in a multi-year contract and there will be other Canadian and American cities announced soon IMO. Lastly INP is hiring more staff to keep up with demand and they are redesigning their web site effective February. This is a story worth watching.
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