there's another IPO in the making for this company called Securicor TeleSciences Inc. Here's what New Issues Outlook has to say:
"The Company is a leader in providing comprehensive billing data collection solutions to providers of local, long distance and other advanced telecommunications services. The Company's largest customers include Regional Bell Operating Companies, such as US West, Incl, and international providers of telecommunications services, such as Telecom Argentina. The Company develops, markets and supports integrated hardware and sofware systems that are able to collect and process an increasing volume of transaction information from a wide variety of wireline telecommunications switches and transmit this information to the customers's information management networks. The Company also is developing systems that process transaction information from wireless, asynchronous transfer mode and other specialized telecommunications switches. The Company's customres use this information to bill their subscribers, to implement customized marketing programs and to perform other data management functions. The Company also provides traffice management solutions to telecommunications companies such as TELESP, a Brazilian telecommuncations service provider. The Company plans to offer its first applications software product, a fraud detection and management system, by the end of calendar 1997."
I don't know if this company is in anyway competing with LHSG, but the offering price is $11-$13 for 2.6 mil shares and the proposed the symbol is STIQ. |
