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Technology Stocks : IVI Checkmate (CMIV)

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To: hsg who wrote (1742)12/18/1998 2:06:00 PM
From: Sultan  Read Replies (1) of 3721
 
All of the news out of IVI lately is tangible. It either points to wider distribution (NCR) or additional products in the core markets (banks, with cheque readers) and new markets (portable debit / credit terminals). Yet to come are more product penetration with touch terminals etc.

IVI is profitable, has low multiples to the market and the competition and a take over candidate for Ingenico who already has a stake and have stated their desire to grow their North American operations quickly. All we can expect from the management as share holders, is to deliver on the new products, market expansion and profits. At this point, don't have much to complain.

The rest, in terms of share price appreciation is now dependent on investor sentiments and analyst coverage. I have no doubt we will get to double digit in US$, sooner then later, if next qtrly numbers are better then expected. As for analyst coverage, it is bound to increase.

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