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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (1091)	12/26/1998 11:32:00 PM
From: Rande Is	Read Replies (2) of 57584

On-topic: What do you guys think of OSFT? They have large [bulky] kiosks that provide video services in high-traffic public places. . . but they have something called "Fast Take" that is cool. Question is. . .are they re-inventing the phone-booth to provide internet access in shopping centers, terminals, city centers and other nearly everywhere? Heard rumors of MSFT and IBM involved somehow, but have not found any confirmation of that. Here are some links: Website: objectsoftcorp.com Recent Hype: fast.quote.com Overview: Objectsoft Corporation Ticker: OSFT Continental Plaza III Exchange: NASD 433 Hackensack AvenueHackensack, NJ 07601(201) 343-9100 OFFICERS: David E. Y. Sarna, Chmn./Co-CEO/Secy./CFO/CAO, George J. Febish, Pres./Co-CEO/Treas. TRANSFER AGENT: Continental Stock Transfer and Trust Company. Company incorporated 1996 in DE. Direct inquiries to: David E.Y. Sarna, Chmn./Co-CEO/Secy./CFO/CAO.NUMBER OF EMPLOYEES: 15 BRIEF: OSFT provides information and transaction-based and advertising supported services over the Internet and through kiosks. The Company also offers computer software training and consulting. For the nine months ended 9/30/98, revenues fell 70% to $133K. Net loss rose 9% to $2.2M. Revenues suffered from the redirection of resources to transactional fee-based products and services. Higher loss was partially offset by the absence of $200K provision for losses. Interested in what others think. . . Might be an interesting candidate for mentioning at our neighbors. . . that way we could get in under .75. . . HMmm..?? Rande Is

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