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Gold/Mining/Energy : Cell-Loc Inc. - ASE:CLQ

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To: E. T. who wrote (254)11/15/2000 1:01:46 PM
From: Cal Gary  Read Replies (1) of 267
 
Check out CLQ's NR. Change of direction? Or redefinition of direction? Anyways, a much better direction.

Before they were going to give away boxes to any e911 carriers who requests. Now they "will create a new division to license and sell its Cellocate product." Guessing they had no request for the offer of free boxes, so post Nov 9th, they will now charge for it! I hope I am interpreting this correctly. Sounds like a good strategy to me. Any comments?

""The demand for network-based technology has now crystallized with the
passing of the FCC deadline and we are in a strong position to capitalize
on this demand," said Lew Turnquist"


"Our Cellocate System is the best
location technology on the market, with accuracies as good willas 15 meters.
Because of our successful results, we have been approached by a number of
major carriers expressing interest in our technology. The new technology
division will allow Cell-Loc to exploit additional revenue generating
opportunities."


It is nice that they have been approached by major carriers , I wonder why they have not been more aggressive to reach the major carriers?

At the in the day, anyway to generate revenues is great news.
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