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Gold/Mining/Energy : Telepanel Systems - TLS
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To: Len Hynes who wrote (702)3/14/2000 9:42:00 AM
From: J Stone  Read Replies (3) of 948
 
I would call the IBM arrangement a substantial news announcement. How often does a company get $1.6 million with no strings attached. My understanding is that a private placement is happening now though it is not open to those of us South of the border.

As for a big sale announcement, I believe that this rests in IBMs court as they've assumed primary marketing responsibility. The "when" for such an announcement is the multi-million dollar question.

FWIW

Jeff
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