Electronic Retailing Systems International (ERSI Nasdaq) Message Board

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Technology Stocks : Electronic Retailing Systems International (ERSI Nasdaq)

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To: D. Swoyer who wrote (61)	12/9/1997 4:56:00 PM
From: waitwatchwander	Read Replies (1) of 92

I guess Mgt has been to busy working on the merger proxy to have had time to hype the stock with more good news announcements. I found it hard to believe that ERS was worth $150M ($7). The $90M cash (plus another $40M or so) belongs to CS First Boston. They have yet to show any revenue from installation of a single wireless system and based on last quarter they are burning just under $2M per month. They have burned more than $70M over the last five years. I thought they would of announced the installation of at least one of their many recent orders since they now have access to Telepanel's proven shelf label technology? What are the good things your have heard about the technology? Who are the "fairly large investors"? nf

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