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Gold/Mining/Energy : MYT - Mytec Technologies
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To: Investor 007 who wrote (1043)7/7/1998 11:31:00 PM
From: Glen Abbey  Read Replies (2) of 1535
 
This is old news as far as MYT is concerned. I also think it will have a positive effect on market acceptance of biometrics. We already knew that CPQ was going another direction. That is why MYT tanked last year. CPQ wanted a low end solution and MYT technology could not be sold at this price. If they did, you would now be complaining about the red ink.

Suggesting this will undo MYT is wrong. VCR's and video stores were supposed to be the downfall of movie theaters. In reality, the added exposure increased the market for better theaters. IMO, MYT is still well positioned for the enterprise market. If MYT is smart, they will also offer a desktop product sooner rather than later. That intention was mentioned at the open house.

For me, nothing has changed, and my glass is still half full.
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