In with you tuna on ONSS $40 target per this article
FWIW....(copied from yahoo board, only 1st part of article)
ONSS to $40.Subj: On-Site Sourcing Report
Date: 3/5/00 10:45:48 PM Eastern Standard Time
Onsite Sourcing (ONSS)
On-Site Sourcing Inc. is a fully reporting company that trades on the NASDAQ small cap, under the symbol ONSS. They provide reprographic, document management, digital imaging and printing, facilities management and information technology services to law firms, corporations, non-profit
organizations, accounting firms, financial institutions and other organizations throughout the East Coast of the United States. On-Site provides reprographic and imaging services 24 hours-per-day, seven days-per-week including copying, binding, labeling, collating and indexing
in support of complex document-intensive litigation as well as higher volume production of manuals, brochures and other materials for corporations and non-profit organizations. On-Site also provides on-premises management of customers' support services including mailroom
operations, facsimile transmission, records and supply room management and copying services. Thus, they provide a key service to customers that allows an opportunity to outsource the entire infrastructure needed to run
a business. As customers have increasingly seen the merit of outsourcing the "backoffice" to cut costs and protect revenue, ONSS has stepped in to fill those needs. Not excited yet? Keep reading, and you will see why we
think On-Site has the potential to return 1,000% THIS YEAR. And of course, since we are featuring them, you know the company has plans to utilize the internet in a manner that we believe will greatly improve the bottom line
for years to come.
Internet plans and key patent:
On-Site has an aggressive plan to capture real time, billable data from their photocopier machines and to integrate this data into a web based document management system which is based on state-of-the-art shipping,
tracking, billing and electronic file management systems. The Company's proprietary process, which is called Costrax, has been launched as a pilot at its Arlington, Virginia, office. The Company expects that by the end of
the first quarter of fiscal 2000, all its offices will be transmitting invoicing data via the Internet, creating a dramatically improved document management capability for its customers.
To this end, On-Site announced on February 1, 2000 that it had received a U.S. patent for its real-time invoicing and productivity analysis technology. The patent is titled System and Methods for Tracking Copy Count Information From a Plurality of Photocopy Machines, and is a key
component toward protecting the company?s internet initiatives, which we think will reap huge rewards and continue the company?s already impressive
trend for greatly improved earnings. |
