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Microcap & Penny Stocks : International Automated Systems
IAUS 0.04000.0%Jul 8 5:00 PM EST

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To: Larry Holmes who wrote (430)10/7/1996 7:24:00 PM
From: Mitchell D. Wilcox   of 7618
 
Larry, I am an investor who originally bought IAS at $36 and I too went to the demo on the 27th. I have been watching this thread closely since I bought the stock and am always interested in the opinions of other people. About three weeks ago I decided that I would participate in a demo at IAS's headquarters.(I live about 10 minutes away.) I simply called their office number and asked if I could see the demo. I was informed that they performed one every other wednesday and they asked me for my name which they put on their list. I went in, they handed me a form to sign in two places and I went through. I wasn't asked to show my I.D. or anything. I wasn't overly impressed by the way the demo was done but my background as a construction contractor doesn't qualify me as the best critic. Several of our questions were answered in very vague terms but for me personally it wasn't enough to sway me towards bailing out. Mr. Daniels and I have a lot of similiar opinions as to whether getting out is a smart decision.
My point in responding is that my attempt and its outcome to attend the demo was much different than what you're describing. I too appreciate your opinions and the way you've presented yourself on this thread. I would be very interested in your opinion after a demonstration. The group that I went through with was able to ask questions directly to the engineer working with and presenting DWM.
Regards,
M. Wilcox
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