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Microcap & Penny Stocks : American Millenium Corp. Inc. (AMCI) -- Ignore unavailable to you. Want to Upgrade?

To: Catfish who wrote (264)	7/29/1999 2:19:00 PM
From: GARY P GROBBEL	Read Replies (1) \| Respond to of 341

Darrell...the selloff is wayyyyyyyyyyy overdone and I think the stock will command considerably higher prices than the .55 hit on 7/27...which was a multi-month high. People (companies) are coming to AMCI for their satellite alert and tracking technology, not the other way around like it was a year ago. Orbcomm is very happy with these guys and GM as a client carries a lot of weight. Plus this excerpt from release a week ago bodes well for future business: AMCI Chief Technical Officer Bruce R Bacon stated: ''We have designed a remote interface to the Frick RWB II Plus control panel manufactured by Frick Controls Group, Frick Company, a division of York International Corp., York PA (NYSE:YRK - news). On the equipment end is an Orbcomm Satellite Subscriber Communicator with our custom application software that permits communication with the control panel using the panel's native ASCII protocol. All functions and information that are available through the serial port are available over the air''. ''Our client software runs on a PC which when connected to the Internet allows the user to query the control panel over the air for any and all of the operating parameters. Commands to the control panel can be issued remotely. In addition to the data polling and command capabilities of the system, an alarm message is sent when the compressor shuts down unexpectedly. The alarm message reports the latest ''Discrete Failure List'' to the client software, allowing the operating company to know the exact series of events that caused the compressor to shut down'', Bacon added. AMCI President and CEO Andrew F. Cauthen stated, ''The first prototype system is currently installed on a Compressor Systems, Inc. (CSI) compressor package near Fort Stockton, TX. A fully functional pilot version will be installed on a CSI compressor by month's end. This product is the first of several that AMCI is developing which will communicate with oil and gas field automation equipment. These products will allow operators to interrogate and control the equipment remotely over the Internet. We are presently working on enabling the client software to interface using only a web browser from any Internet connection''. ''With the completion of this project we now have a software template that with relatively simple modifications will enable different system protocols to ''speak'' to the ORBCOMM satellites. This can only strengthen our position as a recognized leader in remote system telemetry and control within the oil and gas industry. Completing preliminary engineering on the Frick control panel moves AMCI beyond simple function capabilities to full communications between remote equipment and the operator. We will be outfitting new control panels as well as retrofitting existing Frick units for customers like CSI. Plans are already under way to interface with the new Frick RCSI Quantum Control Panel'', Cauthen concluded.