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Technology Stocks : ADSOD-Adaptive solutions -- Ignore unavailable to you. Want to Upgrade?

To: mark alan rosenberg who wrote (302)	10/31/1997 7:37:00 AM
From: tonyt	Read Replies (1) \| Respond to of 477

I spoke to Fletcher Chamberlain (he handles ADSO investor relations) and the deal sounds good (we'll see more in the 10q). With the deal comes an income stream from existing clients, and Kodak will continue to provide on-site maintenance and repair. The stock is valued based on the market (I don't have details as to what period), so Kodak didn't get any discount on it. They also "acquired next-generation intelligent character recognition technology and patents developed by Kodak that have been field-tested but not yet commercialized." I don't see any negatives in the deal. Also, check out the new Web site asi.com "Adaptive brings excellent technology and industry expertise that . . . will benefit customers in the years to come." -- Candy Obourn, President of Kodak's Business Imaging Systems Division "Both Kodak and Adaptive Solutions stand to benefit from this agreement. Kodak has found a good partner who can take over this business and drive it forward quickly while providing solid support and a growth path for the installed base. Adaptive Solutions establishes a position in computer assisted data entry which they can build upon to become one of the major market players." -- David D. Wood, President, Wood Associates