To: Doug R who wrote (6642 ) 10/29/1997 9:43:00 PM From: RADAR ))) Respond to of 79260
Doug R. and the rest of the DIS research team: Great POW - NOIZ performed well today and should be strong over the next several days. Also - a few weeks ago a stock named CHAT was mentioned on these threads. Todd Peverall brought it to my attention that there was an excellent news release today about CHAT's increased sales. Up over 400% this year. The stock has come off its highs recently, but with this kind of news will be moving up quickly over the next several days. Looks excellent for a trading opportunity if not an intermediate to long term hold. Heres the news release today -> Major Corporations Implement or Grow Existing ChatCom Installations ChatCom Inc. (NASDAQ:CHAT), the industry leader in manufacturing of highly managed rack mounted server products is seeing more rapid acceptance by new and existing customers of their innovative RAINS hardware platform. Gary Dunham, ChatCom's vice president of sales and marketing, Wednesday announced that, ''Recent orders, valued at approximately $3 million, from organizations including 3Com, Blue Cross/Blue Shield, SeaWorld, and the Canadian government serve to underscore that ChatCom's RAINS (redundant array of independent network servers) solves substantive problems for information technology departments. World class companies run their businesses on complex data delivery networks. They realize that data is worth nothing to their business if its availability cannot be guaranteed. The RAINS hardware implementation quite simply, reduces businesses risk of downtime. ''ChatCom's decision eighteen months ago to re-tool our product line toward meeting the 'business continuance' requirements of Fortune 1000 organizations is beginning to pay off -- not only for us,'' Dunham said, ''but for our products end users. Demand in our Reseller Channel is up substantially and with the advent of clustering, clients are beginning to see our hardware as a way not only to reduce downtime, but to reduce their time to deploy, upgrade and train their staff in the support of mission critical networks. Stan Weintraub, a principal in Comteq Federal Systems, a Rockville, Md. systems integrator and long time ChatCom reseller said of customer demand for the products: ''ChatCom has made solid product for years. In the past year however, we've seen strongly increased customer demand. Comteq's sales of ChatCom's products are up over 400 percent this past year. The company has really done a complete turn around -- that ChatCom could make the turn from manufacturing Remote Access products to a strongly recognized player in fault tolerant network servers, really says a lot about the strength of the product and the talent in the organization.'' Founded in 1982, ChatCom Inc. is a leading supplier of award-winning managed, consolidated application and communication server systems to Fortune 1000 companies worldwide. Located in Chatsworth, Calif., ChatCom Inc. is publicly held and traded on NASDAQ under the symbol CHAT. ChatCom can be reached at 800/456-1333 or on the Web at jlchatcom.com . For those of you interested in CHAT, I would suggest taking a strong look at the fundamentals of the company and the chart. Don't think that Doug R. has given it an official ATTITUDE rating yet, but it has a lot of potential for a nice trade IMHO. RADAR