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To: Dale Knipschield who wrote (12436)11/28/1999 10:48:00 PM
From: SultanRead Replies (1) | Respond to of 118717
 
The key here is to recognize what is going on....basically hand-held remote credit card machines which verify card legitimacy and print out a receipt to sign just like in the store.....powered by RIMM electronics. Huge growth potential, in my estimation, when you look at the list of anticipated users that is spelled out in one of the paragraphs. (Pizz delivery, alone!) Obviously, this won't be ubiquitous overnight, but it will probably spread fast with AT & T involved. And with RIMM in at the ground floor, this should accelerate their growth even more.

Could not pass up to comment on this.. This is not much news and certainly not reason to buy RIMM. Check out IVI Checkmate (CMIV).. Share price is under $3 US (52 week high was around 7 something) and annual revenue of US 120m or so with a market cap of 50m. In Canada, they are the dominant player and they have been pushing wireless POS for quite a while and it is probably now going to catch on... They are number 3, world wide in POS market after Verifone (a division of HP), Hypercomm (HYC) and CMIV. IVI as an investment has been frustrating but if there ever was a value play, this one qualifies..

ivicheckmate.com

With RIMM valuations being what it is, there may be other reasons to get in such as momentum and very bullish sentiments but this probably is not it...