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Technology Stocks : IVI Checkmate (CMIV) -- Ignore unavailable to you. Want to Upgrade?

To: Ian Murray who wrote (3007)	12/12/1999 10:07:00 PM
From: Bron-y-aur	Read Replies (2) \| Respond to of 3721

Ian Well at least they had the courtesy to write you back but seems they really didnt address your questions. Re SPds post, remember that IVI is in the retail point of sale market - where the consumer actually SPENDS the money in the store. If they have a smart card loaded up by their pc, when they go to use it to buy goods, the card will be accepted by merchants using IVI - type gear. Not to say that Aastra and others cant and wont get into the retail point of sale market, but this is the current situation. I was told sometime ago by IVI mgmt that the consumer front end of the payment cycle is not a market they plan to go after. Maybe this is a good thing as they are focussed in on end to end hardware/software solutions at the retailer level and of course, specialized closed systems as well. eg health system. Stick to the knitting. From what I have seen IVI generally has a wait and see attitude with respect to emerging technology. Think they got stung with an internet type initiative with the Royal Bank a couple of years ago, where they were trying to lead the pack. Ended up in a write off of several hundred $000 with no benefits. And so what else is new, right? My concern with the IVI product is whether it will be obsolete at some point if retailers adopt biometrics. The software systems etc may be the same Eg compatability with Interac etc but the hardware side may be a completely different animal. Fingerprints, retina reader who knows. I have asked the company several times about this (email correspondence to B. Thompson) and have not even gotten the courtesy of an acknowledgment. So I rest my case for now. Am holding on as a value/recovery play in the short term. Agree with Hsg about a nice return possible from where we sit right now (although not so for those of us who have rode it right down). But long term, if point of sale methods (debit/credit cards) change to something else (biometrics for ex) , IVI will have to drastically revamp their hardware product line. This is probably a long ways off at this point. IMO, there is sufficient time for them to turn around based on current business plans (along with corresponding increase in the share price.) Even with improved earnings, they will have to show that growth is SUSTAINABLE for investors to stick with them. FWIW. Ps HSG - 20th sounds good - bring your debit card.