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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (119255)	9/2/2001 12:27:19 PM
From: Rhino Ray	Respond to of 436258

Mishedlo, I'm sure (OPMR) will be a wonderful system for the retail thief. Did you check out the insider selling? Some of these guys sold almost their entire position.

To: mishedlo who wrote (119255)	9/2/2001 6:21:56 PM
From: yard_man	Respond to of 436258

I've used those -- but I think you are right about the future prospects -- the idea which doesn't seem far-fetched that one person could watch 4 stations where people are "checking themselves out" makes some sense. But there are many problems with application it if you've seen it in action. One problem is guarding against theft -- the protectionary mechanism is very annoying and still requires close monitoring -- one person for four stations is not enough -- usually takes at least two. Often there is more energy required to resolve the problems with the customer scanning that it can take longer for more than ten items than if a semi-skilled checker were used instead. With the one station and the use of credit cards and checks -- that station is still a bottleneck ... probably will always be a "supplement" to checkers and only useful in grocery stores. I don't think it will take over in dept stores, hardware stores or other merchants where large dollar items can be rather small -- too hard to police. Probably not to late to short them. Not teriible business, but not a huge growth business. What multiple does the company trade at that stimply supplies the scanners -- I think Spectra Physics used to be a big name there? >>Optimal Robotics develops, markets, installs and services automated self-service transaction systems for use in retail point-of-sale applications. For the six months ended 6/30/01, revenues increased 80% to $50.7 million. Net loss according to U.S. GAAP rose 54% to $24.9 million. Revenues reflect increased sales of U-Scan systems to existing and new customers. Higher loss reflects an increase in the U.S. GAAP adjustment for stock based compensation.<< Just looking at this -- I wish you had pointed this stock out a little bit earlier -- still may be worth a look as a short.