HSS Hars Systems - Internet Travel Message Board

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Gold/Mining/Energy : HSS Hars Systems - Internet Travel

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To: keith massey who wrote ()	5/3/1999 10:03:00 PM
From: keith massey	of 127

It appears that the company is currently going through some serious growth with their client base. In the December 31, 1998 year-end report the company stated that they presently had 2300 hotel and car rental locations as clients, up 27% from last year. In the most recent news release (April 30, 1999) the company stated that it had 2900 hotel and car rental locations as clients (1600 hotels and 1300 car rental locations) - this is a 25% increase in the past 4 months. I brought up these numbers when I was talking to the IR guy and he seemed very excited. He stated that this 20-25% quarterly growth rate should continue as their new product will draw more clients. At this rate they could easily 4000 clients by the end of the year. Add to this the increase in bookings for each client through the new web services and you have the potential for some serious revenue growth. Best Regards KEITH

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