To: Sir Auric Goldfinger who wrote (3749 ) 10/26/1999 10:37:00 PM From: RockyBalboa Respond to of 19428
I have read a bit into CLRS, formerly (troubled 1998 IPO) SQL financials [SQLF] papers, for example this one:sec.gov They don't do very much, except changing business directions, in writing red ink & burning cash. They bought "ELEKOM" which appears to be a company doing e-transactions, and reminds me a bit of ZIXI:sec.gov ELEKOM is a development stage enterprise engaged in the development of ELEKOM Procurement, an intranet-based, business-to-business electronic commerce solution that is designed to streamline the corporate procurement process. ELEKOM believes that its business-to-business commerce solution will provide its customers an application that simplifies corporate procurement procedures, decreases purchasing overhead costs and streamlines purchasing from multiple suppliers. ELEKOM Procurement is designed to automate the creation, routing, approval and transaction functions for purchase requests and orders of non-production goods and services by creating a localized database of available products and services and providing ELEKOM's customers with Internet links to suppliers to review more detailed supplier and product information. Once deployed at a customer site, ELEKOM Procurement will automate the procurement process for non-production goods and services from requisition creation and approval routing to electronic placement of orders with suppliers. The system is designed to allow transaction communication through standard communications methods including facsimile, E-mail and electronic data interface ("EDI"). In addition to the web-based end user application, ELEKOM believes that ELEKOM Procurement will reduce the information technology ("IT") burden associated with installation, implementation, deployment and maintenance of the application through a suite of administrative tools. Using intranet and Internet based technology, ELEKOM Procurement is designed to provide users with increased control over their purchasing processes. Traditionally, purchasing of non-production goods and services, including computer hardware and software and office supplies has been an inefficient, paper intensive process. ELEKOM believes ELEKOM Procurement will streamline and automate a company's procurement operations, reduce processing costs, improve procurement effectiveness and discourage users from purchasing outside of a customer's approved procedures. ELEKOM was incorporated in Washington in August 1995, as a subsidiary of Egghead, Inc. (now known as Egghead.com, Inc.) ("Egghead") and has operated on a stand-alone basis since November 1997. ELEKOM's principal executive offices are located at 155-108th Avenue, NE, Eighth Floor, Bellevue, Washington 98004. ELEKOM's telephone number at that address is (425) 990-3060. _____________________ Meanwhile: CLRS is soaring - in Asia!! Lo & behold. I'don't think it trades somewhere in Asia. Do you? #reply-11715189messages.yahoo.com