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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (10621)	6/16/1999 9:17:00 PM
From: edde	Read Replies (1) \| Respond to of 52051

TLNT late news LAKE FOREST, Calif.--(BUSINESS WIRE)--June 8, 1999--Telenetics Corp. (OTC BB:TLNT - news) Tuesday announced that Alabama Power has agreed to beta test Telenetics' newly released AirWave(TM) cellular automatic meter reading (AMR) modules at 200 hard-to-reach residential meter sites. Upon the successful conclusion of the test, Alabama Power, which provides electricity to nearly 1.3 million users in the southern two-thirds of the state, has indicated its intention to install AirWave(TM) in thousands of hard-to-reach residential meters. Ten to fifteen percent of the approximately 290 million utility meters in North America are categorized as hard-to-reach. The AirWave(TM) cellular communications module fits inside a utility meter or other remote monitoring or data acquisition device. Used in conjunction with Cellemetry® Data Services, a patented communications technology originally developed by Bell South, AirWave(TM) provides reliable, low cost, two-way communications to monitor or read equipment such as hard-to-reach utility meters and remote control and measurement devices. AirWave(TM) incorporates a patent pending antenna inside the meter. The Airwave(TM) solution reads meters as frequently as the energy provider desires and reports meter tampering and power outage detection. Alabama Power is one of five U.S. utilities operated by Southern Company (NYSE:SO - news), the nation's largest producer of electricity. Telenetics is a leader in the design and manufacture of proprietary data-communications solutions for utility and industrial automation applications. Telenetics is a pioneer in providing communications solutions to major manufacturers of meters, RTU's, controls and measurement devices. With the introduction of Omega(TM) automatic meter reading cabinets and subsequent $6.8 million contract with Duquesne Light Company of Pittsburgh (Nasdaq:DQE - news) in 1998, Telenetics introduced a unique cellular solution for commercial and industrial meter reading automation. While Omega is intended for the commercial and industrial meter reading applications where large amount of data is transferred and polled, AirWave(TM) is designed to be installed inside residential meters with smaller size data transfer. It is specifically designed for hard to reach meters.

To: Stock Watcher who wrote (10621)	6/16/1999 9:48:00 PM
From: StkProfit$	Read Replies (2) \| Respond to of 52051

This is about all I have at the moment: finance.yahoo.com I bought it last August and had to wait until December last year for my profits, but I was confident the price would come around once annual financials were released. SOCT is already at its price low at $1.06 for the year, and once management settles down the price should rebound by Sept/December when earnings for the quarter/or year are announced. (ASSSSuming they report another profit vs loss for the quarter/year) (Two key points: Competent new CEO, and time is necessary for this to be a winner. If they can't redirect the company to the satisfaction of shareholders, the stock could dive under $1, but at this time I feel 65-70% sure of a turnaround in stock price.) (I usually wait until I'm at least 80% sure before actually buying a stock, but I figured I'd throw it out for the index anyway, and for those who like to know in advance what I'm keeping an eye on.) Regards all, -Mark