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Technology Stocks : Crystal Systems (CRYSF) - AD 2000 Solution IPO

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To: James S. Shaw who wrote (6)2/4/1997 12:02:00 PM
From: Mark Stevenson   of 572
 
This stock has suspician written all over it. Hamphshire Securities
which issued the IPO, issued only one IPO last year for a company I've
still never heard of. This company has issued no news anywhere that
I can find on this product. Inv. Buss. Daily basically confirmed this
today by repeating that the Co. "claims" to have a "highly" automated
solution. Where's the evidence? The Co. does not exist in Israel's
yellow pages or at least has not bothered to ensure they are listed.
IPO last week in the amount of a suspicious $7.50 was scheduled for
this week not last week but appears to have been changed at the last minute.
Coincidentally, what appears to be the premier y2k co., ZITL which has
been reported repeatedly to have a fully automated solution, begins
identifying specific contracts next week. However, other important
news is now being released this week on ZITL. Is this what promted
CRYSF to jump the gun? Something doesn't feel right about the whole
situation. My recommendation is get out.
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