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Technology Stocks : MDSIF (formerly MDSI) Mobile Data

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To: Phillip Bucchi who wrote (122)	2/7/1998 10:02:00 AM
From: bruce gordon	Read Replies (2) of 226

Phillip: To my understanding the London Taxi contract is the only one left not signed off. They have added another 150 Cabs to the original 500. The Co. has received two additional taxi contracts. DHL has added 17 new countries on top of the 25 European. The have added two new cable companies Aldophia (?) and Media 1. Backlog is $31 million hard $62 million soft or about 70% of expected revenues. Both underwriters confirm strong buy ratings 1998 est. 0.95 cents and 1999 $1.25. Yes seems strange year end portfolio shifting on the stock has company looking like a dog, although Friday close at 18 is encouraging...... BAG

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