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Technology Stocks : EDS - Recent pullback a buy opportunity??? -- Ignore unavailable to you. Want to Upgrade?

To: Whitetigr who wrote (1495)	7/30/1999 9:34:00 PM
From: Whitetigr	Read Replies (1) \| Respond to of 1841

I have found a little more in the SEC filings. freeedgar.com From the above link: (I tried the link, it's not live in the message but if you copy and paste it in the address field of the browser it does work, maybe it's too long.) This is from the CBQ Inc 8K 12/8/98 "In April, 1996, acquired and significantly enhanced the technology for "bid4it" under a world-wide license from EDS. CyberQuest, using bid4it, has introduced a new sales paradigm -- the interactive on-line exchange (Exchange) in a bid and ask format. Designed to serve as an efficient and entertaining sales channel for popular products over the World Wide Web (Web) the site is designed to appeal to businesses, resellers and consumers. Management believes that bid4it is a new sales channel for the Internet and that users are attracted to the site because of its win/win format and convenience. Management believes that there is a significant market for bid4it; especially for excess and unique merchandise." and, "Bid4it has and will offer a wide variety of new merchandise, including computers, peripherals, consumer electronics, program cars, rare wines, power tools, sports and fitness equipment and jewelry. Using CyberQuest's proprietary bid4it Exchange software, the core technology for which was provided under a license with EDS, customers bid in a freely competitive market without the constraints of less flexible pricing that characterize traditional retailing or the inconvenience or other limitations of an auction. Sellers are able to issue competing, confidential asking prices and buyer's bids set the price. Using CyberQuest's proprietary CyberMarketMaker technology, the bids are sorted in order of submission by price of bid. If two bids match the ask price, the earlier bid will win based on available inventory. Likewise, if multiple asks match a bid, the first ask placed will be matched. In response to market activity, i.e. orders and bids, CyberMarketMaker will adjust the asking prices up or down accordingly. This Exchange format encourages a negotiation between bidder and seller in a market-making environment." and "EDS. As the licensor of the core technology, EDS has a vested interest in CyberQuest's success. In addition, EDS is potentially a large customer as the original code was developed for internal EDS use." and, "Patent Pending Proprietary Software: CyberQuest believes that one of its competitive advantages is its internally developed patent-pending proprietary software that is specifically designed for its Internet Exchange. The original software, acquired from EDS under license, has been significantly enhanced by CyberQuest. EDS expended in excess of thirty man-months in the development of the code and database infrastructure. CyberQuest has agreed to pay EDS a royalty on net revenues beginning at 8% and declining to 5% over a maximum period of nine years. Although ownership of the original code remains with EDS, all derivatives are the exclusive property of CyberQuest. At the present time, major segments of the code are derivative, and in time most if not all of the code will be derivative in nature." Anyone have any thoughts or insights?