Some more information on Information Analysis (IAIC):
In reference to James Johnson's posting that IAIC lost its contract with US Customs, I can only tell all of you that the contract was a SERVICE contract, unrelated to the licensing of the "Year 2000" tool, and is really not relevant to the possible huge profits that the CAST tool may provide. The company's losses in '94 and '95 came before the
serious development of the CAST tool, which I have researched exstensively. While the CAST tool is not a "magic silver bullet", it is CERTAINLY NOT a last minute ditch to try and scrape up revenues. With its AUTOMATION rate of over 98% according to the company's latest press release and fax that was sent to me, I project a huge potential for the licensing of this tool by other corporations. In the 1995 annual report, IAIC states that it has "formed teaming relations with several large services corporations that WISH TO LICENSE THIS TOOL." CAST conversion services are already being provided to clients such as the US Air Force, the Mass Mutual Insurance Company, and the US Army Personnel Command. The licensing of the CAST tool, which has a target market of possibly hundreds of billions of dollars, could lead to enormous profits flowing down to the bottom line. Even if most of these companies involved in the "Year 2000" market do not produce something fast enough to come close to even FIXING the problem, the long term prospects make them good to go along for the ride. Investors who are not as well informed will take the "fantasy" ride, which will lead to increased revenues and prices. From all of the research that I have done so far, I have concluded that the CAST tool from IAIC is not only the best of the bunch, but also has more prospects in the fact that it can also perform LANGUAGE CONVERSION. The market for this can be BIG, even larger than the "Year 2000" market! Information Analysis currently has 475,000 shares outstanding and a market cap of only $7 million. If IAIC reaches a market cap of over $100 million as did Forecross Corporation, the price of its stock will soar to over $200 per share!! In the last month, the stock's price has gone from below $5 to about $15 per share. I would say that this trend definitely shows improvement and potential.
For more information on IAIC and the CAST conversion tool, please visit their web site at infoa.com. Also, check out their SEC filings at sec.gov by searching the EDGAR archives. |
