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Technology Stocks : NUKO INFORMATION SYSTEMS
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To: hcm1943 who wrote (2614)7/27/1997 8:45:00 PM
From: Jeff G.   of 3509
 
Would like to hear your impression of conference call.

Here's mine: (could only listen to first hour)

I thought the call was very upbeat considering all the negative events that have take place. I have never heard these guys speak, so I don't have anything to compare it to.

Burn rate down to $1.2 mil per month, sounds positive.

They stressed several times that they were in the final stages of contracts with partners for manufacturing liscenses. This sounds positive. Should get the stock moving when news hits the street.

Quoted them as saying there will be "a rapid series of positive events!" Again, should get stock moving.

They said employees own 30% of stock and are making a huge effort with lots of energy.

BK said that the numbers he sees from NorTels products are "staggering", yes he used that word!

Claimed that most of 144 stock sales were from the 33 people let go.

Claimed to have a "very active relationship" with ORCL, but may take six months to develop.

Again, I only was on until 9:30, can someone tell me if anything else was said after that.

Also, an "Andrew" asked BK who he thought was buying and selling the stock and why. BK said he'd answer off-line later. Does anyone have that response??

This board has turned very bearish on NUKO. I think all the bad news is out and the stock has no where to go but up (especially if good news hits the news wire!!) It's been my experience that a good time to buy a stock is when no else wants it.

Just My Two Cents,

Jeff
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