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Microcap & Penny Stocks : Tracker Corporation America (TRKR)
TRKR 0.00003000.0%Mar 7 3:00 PM EST

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To: thomas a. burke who wrote (1842)8/6/2001 3:56:46 PM
From: SAM-DAN  Read Replies (1) of 1877
 
The following was posted on Raging Bull by one of our members [after consultation with those members not on holiday]and we feel it should be posted on this thread as well.
"Penny_miester isn't it amazing how the bashers pick on TRKR as only (their words)'a retrieval' system .Why don't they do a little DD about TUMI to really understand what Tracker had developed.
Tumi uses the Tracker asset management system to manage their manufacturing of their products in every plant they use. They use the Tracker system to assure their shipping system works properly. They use the Tracker system to monitor their warranty services and ,finally, they use the Tracker system to handle retrieval of lost items.
They have been doing this successfully for almost two years and hopefully will have to pay for it to Tracker -the developer of the whole system.
Hopefully Tracker will be successful in attracting other companies to use this system in the near future. A victory over Tumi in the courts or in a settlement will go a long way to establish the credibility which is so important to the obtaining of lucrative contracts with other companies.
My sources say that Tumi must file a defense against the law suit by August 14 or Tracker will obtain a summary judgement in the Ontario court which would be enforceable in the USA.
In any event the whole Tumi situation should show shareholders that Tracker HAS DEVELOPED a significant asset management system that will create significant value to Tracker in the future. All the R and D is completed ,the burn rate is only for sales efforts and subsequent SEC filings should hopefully show that revenue sources are building.
Our hoped for overnight success is obviously a lost dream but the final results, with patience, should be realized by the those who have had the conviction to stay with their holdings[and perhaps reduced their average costs by buying at these ridiculously low prices.]
But as Sam -Dan Group always say-do your own DD, judge your financial ability to withstand an incorrect assessment and then make your own decisions. "
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