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Technology Stocks : Ultradata Systems INC (ULTR)
ULTR 47.96+0.1%Apr 22 5:00 PM EST

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To: JohnM who wrote (168)11/19/1998 4:57:00 PM
From: JohnM  Read Replies (1) of 193
 
encouraging news from a post on yahoo:

Road Whiz on QVC, 90,000 units sold 11-18-98.
As I stopped by the company headquarters at 4:30 yesterday I was told that CEO Monte Ross was on QVC and 52,000 Road Whiz units had been purchased so far that day. Later that evening I tuned into QVC at 9:00 pm and sure enough the Road Whiz was on the screen and there were only 5000 more available and sure enough 90,000 units were sold that day. I view this as a staggering number and shows that the public is nterested in their products. With Kmart, AAA, Radio Shack, Brookstone, Sharper Image, and Sky Mall on board, the distribution channels are in place. I understand that the Golf Guide is also selling like hot cakes. The Christmas season should be a big winner for ULTR. I have been watching this company for a few months now as it is a St. Louis, MO company and I live in St. Louis. I learned of a possible turn around situation developing and it looks to me that ULTR is well on its way. I purchased a few thousand shares today at 2 7/8. I am projecting a 9.00 price target in three months. Dont sell this stock as I have read some posters were getting cold feet. Good Luck.
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