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Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider -- Ignore unavailable to you. Want to Upgrade?

To: Jaffo who wrote (2507)	12/15/1997 10:19:00 AM
From: David	Read Replies (1) \| Respond to of 4676

Jaffo . . . While you may have sensed that I'm impressed that NRID is trying to do the right thing now, you may also have noticed that I think it is probably too late. "Powerhouse products" sell, and so far no sales. . . and a burn rate with an end in sight, if there is no more dilution or similar financing . . . so I'm not tempted to buy a company that has such a good chance of going belly up soon. Second, while IDX has been selling hardware, it's clear from their purchase of BAT, a software shop, Fowler's comments in public forums, and even INS remarks on use of IDX technology with potentially competing scanners, that IDX is aimed at software, as well. While NRID is making its SAF system more accessible, which is good, there is no assurance that SAF will win out in the marketplace. Right now, IDX has most of the biometrics applications market. I don't see why they would rescue NRID from the brink by buying into SAF, particularly when both companies see software dominance as the ultimate goal. But I can see your motto is, "Don't worry, be HAAPI."

To: Jaffo who wrote (2507)	12/16/1997 7:36:00 AM
From: Hockeyfan	Read Replies (2) \| Respond to of 4676

Questions for the HAAPI :^) - Where can my company issue some of this convertible preferred stock that doesn't pay any cash dividends, only "deemed dividends" that don't reduce cash, net income, retained earnings or working capital? How can a standard work that strips each biometric vendor's application down to a lowest common denominator so that the information passed is compatible between systems? The proprietary advantages of the fastest, most accurate and most innovative hardware, capture algorithms and matching algorithms will be stripped out so the fingerprint or retina scan can be read and processed by the even the most unsophisticated operating system on the market, but at least it will be compatible. From the HA-API Philosophy (1.3.6), "The approach described herein adopted for the human identification API is to hide to the degree possible, the unique aspects of individual biometric types and particular vendor applications, products and devices..." This approach may be adequate for 1 to 1 matching, but will never work for one to many matching becase of the loss of identifying information. The questions still remain about minutiae vs. pattern recognition and how many minutiae points to save and pass on. If the Department of Defense unilaterally granted a lucrative monopoly to the operating system software for all future smartcards wouldn't the other companies in the industry be a little upset? Wouldn't the other players in the market (Identix, EDS, Lockheed Martin, Printrak, Identicator, etc.) be marching on Capital Hill right now? Maybe they are all to stupid too realize what just happened. Maybe the others don't write software. Maybe their fingerprint scanners just magically work without software or all their customers don't realize that all they got was hardware because only NRiD writes software. Maybe the HA-API is so complicated that only NRiD could have completed the project and the DOD had no choice. Sorry Jaffo, there is no Santa Claus :^(