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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 390.95-1.7%3:23 PM EST
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To: drakes353 who wrote (31147)2/27/1999 9:18:00 PM
From: Marshall  Read Replies (2) of 33268
 
OK, I stand corrected per Mama Bear. In the years past I thought I had figured out the definition since many were referring to some of those wholesale houses as "boiler room" operations.

As to press releases there have been many that should explain the stock regaining its value. Let's see - first they got some funding by more conventional means than a discount deal. Then we had:

1) ISO 9002 certification
2) Strategic alliance with NEC
3) Software client, already being used by Moody's (a division of Dun & Bradstreet)
4) Data Race sues Lucent on patent infringement
5) Lucent withdraws product in question - admission of guilt?
6) Additional Resellers announced
7) Company retains Robinson-Humphrey for M&A activity
8) Lamprey modem technology announced, sure saves those batteries
9) Sabratek places initial order using the technology in a "life critical" application.
10) Win98 compatibility announced
11) Minnesota Life begins deploying BT
12) Read it: datarace.com
13) More money on decent terms, even the CEO gets in on this one
14) Another new reseller signs on board
15) Series D stock totally converted and already sold
16) Patent Nos. 5,752,082 and 5,799,036 granted
17) New Software Client demonstrated at CTI Expo
18) BT Awarded "Product of the Year" at CTI Expo
19) Moody's announces beginning of deployment
20) Contract with Sabratek finalized
21) Lamprey CF-II form factor announced, company is working with Microsoft
22) "Last Mile" solution is in talks with several ISPs

23) You know who these people are if you've done any research:

"Given the long Be There! sales cycle to large companies, we are delighted by recent pilot orders we have received from a leading national retailer and for a leading global financial services company, as well as a follow-on system order from a leading pharmaceutical firm. The value of Be There! is further validated by the continuing orders from Sabratek, giving us our first volume Be There! revenue stream,” Dr. Barker concluded."

Just one of these names and I'll bet some shorts are going to be boiling in oil.
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