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Gold/Mining/Energy : INTEGRATED BUSINESS SYSTEMS AND SERVICES, INC. IBS.V

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To: diddlysquatz who wrote (17)7/29/1998 6:36:00 PM
From: richard houchin   of 22
 
My friend spoke to Harry today and I spoke to him last week. They
are meeting with H Meyerson (Investment Banker) this friday to, as
I understand it, talk about additional market makers and possible
increase in financing.

Yes the stock is drifting lower and i get calls from some of the
people i recommended the stock. However, I told them that this
is not a stock you get in for a few months, but more long term,
1 to 2 to 3 years.

Ibss need to announce contracts. that will produce excitment and
the stock will take of itself. my understanding is they are fairly
close to signing a contract in the next month or so. Don't forget
each contract is at least 500k, thus company's have to budget
and board of dir. approvals.

I am very optimistic in the long run. If some one with a few thousand
shares is geting nervous and sells obviously the stock will drift
down. but with some good news out of the company, it will be hard
to buy the stock, of any quanity under 2.50 to 3.50 per share IMO.

hang tough and we will be awarded in the long run.
thanks, richard
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