To: Lola who wrote (20634 ) 1/20/2000 9:08:00 AM From: Daytek77 Respond to of 36688
No problem Lola. I watched the trading yesterday and Wood Gundy RBC and Cannacord were shorting INP. I sold my shares yesterday morning at a $4.00 limit and to my surprsie got filled at $4.16, $4.11 and $4.10. This tells me there were no sells in the system below these levels. It is probably going to be an ugly opening as those who did not sell yesterday will today and those that are short will continue. It will find a level today. I thought I would post this message from STockhouse which is very insighful: DRJAYZ (ID#: 13016) Is this for real...... 1/19/00 12:01:11 AM 770786 << Prev Msg Thread Next Msg Thread >> A few former staff were talking. What's different this time? 1.The IBM/INP connection in Canada has existed for several years with IBM's 2,000,000 shares. BUT this time the IBM Boss in New York, in the toughest market in the world, chose INP. Think about it. They had the whole world of software developers to choose from, they had the whole world of IBM to choose from, and they could have developed it from scratch. The POS" product, system, concept, architecture and team were put through hell before IBM and NYC said YES. This is hot! This new niche is going to be really hot. 2. What is this niche? As I see it, how many citizens or businesses in the industrial world do not pay fees, taxes, or buy licenses, services and products from city, state or the feds? This market is huge! Does IBM have exclusivity? -no mention. We heard that Lockheed-Martin also has a strategic alliance of some type. EDS,....? 3.What makes this product hot? This could be a new e-com vertical niche: government services e-commmerce(ge-com or g-com) plus Government services for Business-to-government(B2G), 2 new niches covered in one product. Plus a POS interface and revenue/cash management back office that has proven itself in Bermuda, Kansas, Nebraska, Minneapolis, Manitoba(MB) government(apparently 80% of MB's revenue goes through POS") The press release only hinted at this one. Plus latest development & net technology: OO, n-tier, client server, Visual Age, love those IBM servers, DB2, Oracle, browsers.....No surprise they are nominated for the Codie(sp?) software product awards. 4. Global access: Time required to change to a new language is 1-2 weeks including translation. INP already has customers and agents in 10-20 countries. Next...... Conclusion: What started as an unbelievable stock move has a ton of blood, sweat & tears behind it. IT IS FOR REAL. PHNPI (yet)