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Microcap & Penny Stocks : Jyra (NASD OTC BB)

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To: red turtle who wrote (68)5/21/1998 9:41:00 AM
From: Mark IV  Read Replies (1) of 73
 
TO ALL: About the JYRA - story

I'm involved in a "former-Microsoft-guys-story" for about 5 months now. The company is called Interactive Objects (OBJX-BB; www.iobjects) and is developing software tools for internet programming. Five guys at OBJX have around 50 years of compounded experience at Microsoft. Similar to JYRA, OBJX got a "Best of Show" award at the VBITS Exhibition in San Francisco. In February the company organized some presentations in Europe especially in Switzerland. The stock did move from around $2 in February to $7 on May 20, 1998. Last Monday the stock reached $10 before it got hit by some short sellers. The stock is also traded at the Berlin Stock Exchange for some weeks now. Even though the stock was moving up there were not that much news from the Company. I think they are working on a financing and after we will see more nice news.

After the OBJX-story turned out to be so good a friend of mine came up with a "former-Cisco System-guys-story". JYRA Research! First thing he told was that JYRA is gonna make $5 earnings per share next year. I couldn't believe it. I started to look a the web-site, all the press releases, the SEC-Filings and I did ask a guy working in the network business about the need of such kind of products. Finally I was talking to the IR-guy in the UK about what's going on. Here are some of my thought about the whole story.

- There will be for sure a huge market for JYRA's products
- JYRA is working very hard to meet with their potential costumers needs. (Look at the latest 10-Q)
- JYRA already has a very good relationship with some potential big costumers. (MCI, BT)
" Jyra continues to work closely with MCI in an effort to develop product to incorporate within MCI's Advanced Trouble Analysis Center (ATAC)service and as a result MCI confirmed its intention to include Jyra's initial response monitoring agents as a key component within its forth coming ATAC service. In addition to being selected by MCI in the quarter ended Mar 31, 1998, Jyra's reporting tools have now been installed and are being evaluated by among others two of continental Europe's telecommunications companies and also in several major European banking customers of a significant systems integrator in Europe.

- "The first significant distributed components of SMA are planned to be available for customer release at end of May 1998. Field tests of these distributed components were conducted with select group of initial strategic customers during April 1998. In preparation for this release Jyra's primary focus, during the quarter ended Mar 31, 1998, was to encourage telecommunications companies to begin pilot testing of Jyra's product with a view to developing new customer service offerings around Jyra's service level reporting tools"

Michael
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