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Strategies & Market Trends : e-Commerce the Next 100 Months......

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To: AugustWest who wrote (2264)2/3/1999 12:24:00 PM
From: AugustWest  Read Replies (1) of 2882
 
Anyone know anything about this company, LMLAF?

I just spoke to IR guy on the phone. said last years earnings were (0.09) on 500K revs. next year he said they are projected to make 0.29 on 29MM in sales.

I can't figure this out though and the guy wasn't much help. If they are just do varification on checks written for web purchases or what the deal is. Looks like it would fit into the area of cych stuff.

Information on them seems to be a premium, but the stock has performed well up till this week.

I have a packet coming so maybe I get some more answers.

stole this from the thread:

To: +robert howard (37 )
From: +Andrew G. Saturday, Jan 2 1999 10:39PM ET
Reply # of 46

Hey did you see the write-up on LMLAF in Wired Magazine ?:

Starts here:
wired.com

and ticker symbol and interview here:
wired.com

LML Payment Systems Chief Executive Patrick
Gaines. "We are able to guarantee payment for merchants
and at a lower cost even than credit-card transactions."

This is one of my largest holdings. LMLAF's ChequeMark is a
not just a great idea and money saver for merchants and banks
but also is ecologically beneficial as a tree-saver.

For us investor's the word is getting out!

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