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Microcap & Penny Stocks : SIIS (Struthers Industries)

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To: gpphantom who wrote (548)9/30/1997 9:02:00 AM
From: Larry Schnitt   of 709
 
I received the following letter in my email today and thought it was pertinant. Thanks Peter for the information!

Larry, My name is Peter Velez. I am a partner in the New York City
IVDS b license. I keep up with your (sad) chats re Struthers/Wincomm
via the Silicon Investor. I know how hungry for info you guys are so
here is some:

October 1-3, New Orleans Hyatt Regency,
Symposium 97 IVDS License Holders Meeting
Hosted by ISTA, Interactive Video Data Service Trade Association

The symposium will concentrate on IVDS manufacturers and applications
(service) providers. Wincomm is listed as one of the companies
attending but not making a presentation. On the list your company
is listed as WINCO/WINCOM. EON and RTT will also be there, as
presentors.

Other presentors are: Gateway Communications
ADEMCO
Intrinzix
Inter-Con/PC
Datamatic
Digideck
DBSI/GEMS
General Instruments
Perot Systems
Command Control
ICS
SEA

Other attendies are:
Mission Hill Group
CyberNet Technologies Inc
Comtec Inc
CableLabs
ITS Corp Info. Transmission Systems
Pagenet Inc
Pyramid Imaging
Scientific Atlanta Inc
Inc.
Phonex Data Corp

ISTA is about a year old and is an association of license holders. I
don't know if WINCOM is a member, it costs money to be a member. My
company ICG, Inc will be represented there but we are not a member.
For about $475 anyone can get into the Symposium. For those of you
that like to do homework, a contact at ISTA is Don Louniboa at
707-578-7825. Anyone of you can attend this meeting. I can't go but
would like to. Two of my folks are going and will bring back lots of
info. It would be good to see what WINCOM is up to.

I am hoping (and praying) that something will happen for all of us at
this meeting of the licenses, equipment and services. I invested in
1994 and am still waiting. I have a piece of one license, NYC(b).
You may want to check but I think WINCOM has my license on its list,
and it shouldn't. EON has often claimed to have my license, and it
doesn't. To wish you guys good luck I have to wish Rauol good luck
so I do. Please share this info. Were it not for Hinton I would
have missed the Washington Post article. The info on Cellnet and its
competitor, Schlumberger is very important. The meter reading, etc.,
market is still open. It's a top choice. But if we arrive too late
to this party there will be no cake. Did you know that Houston Light
and Power gave EON $20,000,000 to deploy a meter reading system,
using IVDS? Things are looking up.

Best regards to all Struthers investors,

Peter Velez
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