Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTERFACE SYSTEMS (INTF) GETTING INTO EBPP? -- Ignore unavailable to you. Want to Upgrade?

To: michel petit who wrote (563)	11/15/1999 7:41:00 PM
From: David H. Zimmer	Read Replies (2) \| Respond to of 1203

There were several rumors as to why there was selling today. Perhaps the best reason was profit taking. Information deemed to be reliable suggests that the selling was due to a shift in the investment philosophy of some longer term shareholders who have grown somewhat in age. In other words, their investment needs changed, not their belief that INTF was not a good investment. For a company that has been around as long as INTF has this is not uncommon. Some of these shares have literally been owned for ten to twenty years. From what I observed the selling was handled very well with some sized blocks coming in near the close. I have spoken of volatility in issues of this nature, a fact that cannot be avoided. Trading issues of this nature in size will be difficult, if not impossible, that is why we have taken the posture of buying on dips and looking at the two to three year picture. The revenues for the last quarter speak wonders for the changes that have taken place at INTF. In my estimation, no less than 60% of the revenues, probably more, were directly from software sales that produce significantly higher margins than do hardware related sales. You can expect this trend to continue until INTF is more than 90% a software and consulting firm geared towards L2i and internet related information distribution solutions. There is much more to the future of this company than meets the eye. Ancillary products which will enhance their customers' mainframe capacity as well as advanced software solutions are what we perceive the R&D funding is being spent on. These types of products create client retention, a factor which will be of utmost importance going forward. In the very near future, sometime this week, I will no longer be able to post publicly on these or any boards due to regulatory requirements and my own ethical standards. At this point, I can be reached via email and will attempt to answer those questions which can be answered. What INTF does and the direction in which my career has taken me, all twenty-five years of it are quite congruent. With that in mind, I will bid this board a fond good bye and you can watch and see what I do from the inside out. Until then, I hope to come up with what I consider reliable projections and will post as soon as they are complete. As always, best wishes to all and thank you for the kind words which have been sent to me via email.