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Technology Stocks : CICI - Communication Intelligence, handwriting recognition
CICI 0.006200.0%Mar 3 4:00 PM EST

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To: John M Connolly who wrote (596)8/29/1998 10:27:00 AM
From: Charles Skeen  Read Replies (1) of 1025
 
<< . . it appears that someone is buying these shares - and at rock bottom prices.>>

Phil Sassower and friends have bought over 400,000 shares since the end of April. See:

biz.yahoo.com

They are not buying to lose money by supporting a loser. The build-up of revenues from the licensing deals with Casio, Nortel, Norand and others should get us to the breakeven point soon -- perhaps sooner than expected. I expect the next quarterly to be positive in tone. But who will pay attention to a heretofore trouble-prone small cap in an environment where are lot of much better known high-techs are selling at fractions of their former highs.

Just hoping that patience will be rewarded.

Charlie.
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