APCO... IOM... TPRO...
Doug and All:
I sold APCO today... The Technicals are not in Sync with the Fundamentals...
I used the money to add to IOM... I bought an initial position in TPRO...
TPRO is an almost Monopolistic play on the Year 2000 Embedded Chip market...
Here is some additional info:
"Topro (TPRO 5 1/2 OTC) has a men that even Bill Gates would envy," notes Karl
Drobnic (Venture Returns, 1855 NW Tyler Ave., Corvallis, OR 97331, 24 issues,
$75). "Millions of embedded microchips control the world's factory production lines,
and every chip must be individually checked for 'Year 2000' dependency. Failure to
find even one date-dependent chip can shut down an entire factory. Even worse, the
factory might go on producing, but turn out flawed products. Topro has the only
database that cuts significant time off finding date-dependent embedded chips in
factories. There are about 70,000 U.S. factories that could use its database-CD.
Bristol-Myers just engaged Topro to remediate its 128 factories worldwide; this
contract is only the beginning of what we expect to be an avalanche of orders. Topro is
already assessing factories for Unilever, Boeing, Merck and Dupont, and discussions
are underway with another 36 companies covering 3,830 sites. Topro deserves a
place in every growth portfolio. Our one-year target for stock is $20-$25.
..............................................
I believe TPRO is positioned to go to new highs...
Jim |
