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Microcap & Penny Stocks : FutureTrak International, symbol FTRK -- Ignore unavailable to you. Want to Upgrade?


To: SirAlexx who wrote (68)2/2/1998 8:01:00 PM
From: SirAlexx  Read Replies (1) | Respond to of 663
 
I have received a message from another board that I feel deserves a response. The post is below in its entirety,
Message 3324393

but I will attempt to answer the part I believe I can address;

<<So big deal...FTRK is Lockheed's customer. If you have an explanation why this is a bullish event for FTRK, please state it on your thread...I'll check it for a couple days.>>>

OK, the reason I think this is bullish for FTRK is;

1) I don't think that Lockheed takes on every local yokel that has the latest gizmo for them to manufacture, as evidenced by the statement contained in the release; ''We are very excited about this agreement and the prospect that this technology will evolve to other world markets,'' said John Muczko, Lockheed Martin's director of business development. ''It provides Lockheed Martin Ocala Operations an opportunity to participate in a new commercial sector alongside leading companies in the field.''Production is targeted for the first quarter of 1998.

2) I believe that the company had to do a lot of convincing before Lockheed would allow their name to be used in a press release; much less have their Director of Business development make a statement in their release.