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To: TokyoMex who wrote (6677)11/30/1997 10:27:00 PM
From: Zebra 365  Read Replies (1) | Respond to of 31646
 
For the Newbies, and some others should enjoy:

This was released back when the "old timers" here were buying this stock. I had it framed the first time I doubled my money on TPRO.

Oh, here's the price on June 26th, 1997:
.......................Vol.........High..........Low.........Close
06/26/97......233,700....1.7/8.........1.3/4.......1.13/16

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Topro, Inc. Launches New Initiative to Provide Comprehensive Plant Floor Y2K Solution & Services

DENVER, June 26 /PRNewswire/ -- Topro, Inc. (Nasdaq: TPRO), a leading provider of automation and system integration solutions to industry, today announced the launching of a major new business initiative based on its new product PlantY2K One(TM), a proprietary package of product and services designed to address year 2000 compliance problems in process control and factory floor automation systems.

John Jenkins, Topro, Inc. CEO said, "While the year 2000 or millennium problem is being addressed at the management information system level in most organizations, we believe the plant floor issues have largely been ignored to date. These issues are very real and have potential for severe impact if not addressed."

PlantY2K One(TM) is a full service offering that includes impact assessment, analysis, code conversion, implementation and testing. The company employs highly structured methodologies in all phases and includes well-accepted joint application development techniques in the conversion and implementation phases.

According to Jenkins, "Most plant floor systems are complex combinations of hardware and software from a variety of vendors. We have found that many of these components have some sort of compliance issue. Further, a compliance problem with a single component and a corresponding solution must be considered in the context of the impact of the total system, which means that a system control integrator is the logical choice to effect the required comprehensive solution." He added, "We believe this to be a very large opportunity for our organization; as far as we can tell, we are the only organization that has developed a solution specifically designed for the plant floor."

While a key ingredient of the product is the company's data base of known plant floor hardware and software year 2000 compliance problems and the associated solutions, of equal importance is the size and experience of the company's staff. Topro, Inc. and its subsidiaries form the nation's largest independent process control and information system integrator. The company has more than 350 employees in 10 offices across the United States and develops integrated process control systems for companies in aerospace, automobiles, consumer goods, food and beverages, pharmaceuticals and public utilities.

The company plans initially to take PlantY2K One(TM), to its installed customer base of more than 4000 sites across the U.S. but will quickly extend to a full national roll-out. Topro, Inc. has branch offices in Portland, OR, Los Angeles, Sacramento, Phoenix, Denver, Atlanta, and Philadelphia and will have intra-net access to the central solution data base, offering customers the desired combination of local service supported by a database created on and constantly refreshed by national experience. The company is already engaged in PlantY2K One(TM) projects at several fortune 500 companies.

The company plans initially to support PlantY2K One(TM) with its own staff. Key portions of the product have been designed to allow potential licensed use directly by customers or other trained third party system integrators with Internet support by the company's designated technology center.

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Welcome aboard to all the new investors, and the new skeptics.

Zebra



To: TokyoMex who wrote (6677)12/1/1997 3:26:00 PM
From: Jack Zahran  Read Replies (1) | Respond to of 31646
 
Following is a site that discusses Private Placements:

seclaw.com

I thought the following rule governing a PP was very comforting:

Investment Intent

Purchasers of private placement securities must purchase for investment purposes and not for the purpose of resale. The typical subscription documents used in private placements contains what is called "investment letter language." This representation should be personally verified. Consideration should be given as to whether the investment representation makes sense in view of the surrounding circumstances of the proposed purchaser.