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Technology Stocks : Tricord Systems (TRCD)
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To: Dennis who wrote (565)4/22/1998 9:58:00 PM
From: Stu Bishop  Read Replies (2) of 773
 
Dennis,

I just got the annual report in the mail. I'd guess it's available at the web site too. They mentioned that although they can't yet guarantee OEM customers, the management has shown their confidence with recent stock purchases and stock options.

The report suggested that customers would be found in 1998, and product would be on the market in 1999.

I personally would jump for joy if and when they begin announcing customers, agreements, contracts, and the like.

Although I bought this stock before the business realignment, I now consider it basically a start up company. If they succeed with the new business, the potential for gains is huge, considering they're losing money for quite a while, and the stock is a buck.

Very little left to lose, but much to gain. Hangin in there.

Best of luck.

Stu B.
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