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


To: Bobb who wrote (566)11/15/1999 11:12:00 PM
From: David H. Zimmer  Read Replies (1) | Respond to of 1203
 
I will no longer be able to post because that is the policy of INTF, of my own firm and of myself. Over the past six months we have acquired a large position in INTF which will require the filing of a 13-G. A 13-G is an SEC filing which tells you that we have taken a position of 5% or greater, it is much greater, in INTF for "investment purposes" only.

What this does tell you is that we are going to be shareholders for quite some time and unlike others, you will know if and when we sell because we will have to tell you. It is not our intention to sell at any point in the near future.

INTF provides a perfect fit for our investors and myself. Their leadership, product and business mix compliments all facets of my own life. What I intend to do is everything that the management team at INTF wants me to do.

Over the last six months I have gotten to know the key players within the company. The team has been well assembled, it is well oiled and ready to roll. What I did not expect was the relationship that has developed between myself and other both major and minor shareholders. I am flattered at the number of emails I have received and will make myself available by both email and telephone to keep in touch with each and every one of you should the need arise.

I can attest that the need will not arise because INTF is not executing its business plan. It is and I fully intend to see that it does so for many years to come. The reason for this post is that one of you who post on these boards suggested that I make it known why I cannot post publicly. I am going to miss the SI board but look forward to keeping in touch with all who care to do so on a private basis, either through email at dhzone@concentric.net or by telephone which I will supply upon receipt of your email.

I've got at least one or two more posts in me before I have to stop so stay tuned and thanks. It is nice to be listened to.



To: Bobb who wrote (566)11/18/1999 9:12:00 AM
From: David H. Zimmer  Read Replies (1) | Respond to of 1203
 
Last night, through counsel, the information necessary to comply with 13-G requirements was submitted to counsel for filing on the Edgar system. A 13-G, for those of you who do not understand, is an SEC required filing when an entity controls more than 5% of a publicly traded issue. From what I can see on this board, we are not alone. I can also verify that point from the number of "white papers" we distributed as well as the plethora of emails and telephone calls we have received from investors of all sizes. What is consistent is our view of INTF for the future and that all are patient to hold for what should be a much higher stock price for INTF.

One of the most interesting conversations I had was with an individual, a large shareholder, who has owned the security for decades. This large shareholder agreed with our future prospects for INTF and was excited about the company and their involvement in the "L2i" field. Nothing, however, can make up for the many telephone calls and emails I have received from those who own as few as 500 shares to some who have accumulated 6,000 to 15,000 shares. The feeling among all is consistent, they are willing to be patient as INTF and its management executes on its business plan.

The "L2i" industry is going to be explosive. INTF will obtain its share at more than likely a better margined rate than its competitors for two major reasons (1) existing clients and (2) existing legacy applications. They have been making their customers' information readily available from their mainframe location for years. Making it available to the internet simply represents its availability on another media.

There are several of you who can take my place. If there is something you must speak to me about please feel free to email me at dhzone@concentric.net or call me at 1-800-330-4215.

We started posting in July simultaneously with the initiation of our purchase. We remain accumulators of INTF and will continue to purchase the stock. we have no intention of selling and anticipate ownership of the company until it is acquired by one of many companies that we have identified as potential suitors.

Our best to all. David H. Zimmer signing off.