Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

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To: Stock Watcher who wrote (24936)	1/28/2000 9:47:00 AM
From: Dave Gore	Read Replies (2) of 52051

EISQ HP and EISQ teaming up in a huge SmartCard ID market. I really like this one. Apparently EISQ's compression software technology is excellent. I only took an initial position; this will fall back at some point to profit-taking, so I will buy more on a significant dip. Much more news coming over the next days and weeks (according to their I/R) and only 16 million shares O/S, making this a cheap stock by todays standards. This is a big niche. HP has deveoted a few thousand employees to it. ABOUT EISQ (from their PR) Electronic Identification's compression software allows customers to include photos and finger- or handprints on the chip, which make it desirable for high security clients and government agencies. While technology companies such as HP have been trying for years to ignite interest in smart cards in the United States, the cards have caught on in Europe and the Middle East at a fevered pitch. The technology was introduced in Europe while Europeans were still conducting most transactions in cash, so it was easily adopted, Mr. Foster said. In the United States, Americans had made the transition from cash to credit and were not easily swayed. "HP has committed to supply all systems integration, hardware and people," said Terry Kirby, chairman and CEO of Electronic Identification. "We are providing the software." The company has a small office in Alameda and is planning to open a satellite office near the HP campus in San Jose. It also plans to house employees and equipment in HP's Cupertino offices by year-end.

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