Checkmate Electronics(CMEL) Message Board

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Technology Stocks : Checkmate Electronics(CMEL)

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To: hsg who wrote (24)	12/8/1997 8:31:00 PM
From: alan laValley	Read Replies (1) of 50

hsg: Would like to take issue with your commets on CMEL. This company is in the process of a turnaround for the following reasons.(1) new management team. (2). Gregory Lewis new COO has considerable experience in field of point of sale tech. (3) $5 million cash ...no debt.(4) recent contracts with Eagle Hardware $270,000 & 1+ million with latin america company's. (5) contract with Unisys as OEM (6) new technology CM2010 state of the art equip. (7) reduced inventory with build to order parts contracts. (8) book value of corp$5.45 per share. (9) increased sales staff and using brokers for small contracts with mom & pop stores, an area unreachable in past. This corp is a rising star!!!!!!!!!!

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