Here is a copy of the article ....
HOT STOCKS FLASH: 07 October 1996
Circulation: 813-254-5599
Fax: 813-254-4142
--MARKATECH INDUSTRIES, PART ONE......
I've been following Markatech (VSE:MKD) since last winter and now see the different pieces falling
into place. This is a storied computer stock with a much-wanted niche in an overlooked, potentially
lucrative marketplace. SCOFFLAWS are those who fail to pay their parking tickets and municipalities
(in their infinite wisdom) prioritize collecting on parking violations over crime- stopping. And they fail
on both fronts -- uncollected parking tickets often run well into the tens of millions of dollars
throughout North America. Thus, the demand exists for MKD's AUTONET, a computerized motor
vehicle ticket information system. The AUTONET system gives the police real-time capabilities in
tracking down stolen or scofflawed vehicles -- all the policeman has to do is punch in the license plate
number to get a full report on the car.
Vancouver's Metro Parking Ltd. has just announced to "beta test" MKD's AUTONET system, which
should give MKD the credentials, upon completion of this test, to rack up enormous sales through
independent parking management companies throughout the USA and Canada. Millions of dollars of
revenues are at stake, when MKD commences marketing their system into US parking garages and
municipalities. Did you know, for example, that parking garages break-even on parking cars and make
their real money by towing scofflaws? Don't think those profiteers won't be ignoring yet another way to
line their pockets.....
The key element is the beta test, which is supposed to confirm that the product works, and (of course)
makes Metro Parking a bundle of money (collecting towing fees). That opens the door to one of the
largest US parking management companies to order up MKD's AUTONET system. And, with these
guys, once one of them snaps up the product, free-market competition should drive the others into
ordering the system. A domino effect of parking garages racing to get AUTONET, while the
municipalities drag their feet. Since you can't invest (so easily) into independent privately owned
parking garages, MKD seems to offer the next best thing.
Stock-wise, MKD has 8.2 million shares out, has recently begun trading above C$0.60 share. Because
of other promotional activities anticipated on MKD, I believe there is going to be a lot of demand for
the company's stock... unfortunately increasing the share price. There will probably be a few runs on
MKD between now and the end of January, when Metro's beta test is completed. After that, MKD
expects to aggressively market the system and their share price should be long gone from these levels.
And you'll have missed out......
PART TWO on Tuesday. Phone: 800-338-7844 or 604-732-0302.
COPYRIGHT c 1996 by George Chelekis. ALL RIGHTS RESERVED. The information presented in
George Chelekis' Hot Stocks FLASH and CONFIDENTIAL is not an offer to buy or sell securities
referred to herein. George Chelekis and Hot Stocks Review are NOT in the investment advisory service
business. Check with a licensed financial advisor before reaching any investment decision.
Companies featured in Hot Stocks Review or FLASH are unsuitable for all but the most sophisticated
and aggressive investors, who may lose all or part of their investment by speculating in such high-risk,
volatile stocks. George Chelekis may hold positions, from time to time, in companies which he writes
about and may buy or sell without advance notice. MKD paid $9800 for a Corporate Profile in
Autumn 1996 HSR. Annual Email Subscription: $195. Annual Fax Subscription: $995. |
