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Technology Stocks : MDSIF (formerly MDSI) Mobile Data -- Ignore unavailable to you. Want to Upgrade?

To: bruce gordon who wrote (123)	2/17/1998 4:15:00 PM
From: DD™	Read Replies (1) \| Respond to of 226

MDSIF price weakness.. closed today at 14 1/2, nearing its 52-week low of 14 1/4. Thoughts on this company are appreciated at this price. Is this a good time to jump-in, or is MDSIF a dog? DD

To: bruce gordon who wrote (123)	3/8/1998 9:52:00 PM
From: Phillip Bucchi	Respond to of 226

Bruce: I'm sorry I did not respond sooner. I have nopt been on this board in over a month. Unfortunately, my concerns came to pass. As far as I can tell, the cab division is still a headache. In my last contact with the company, I was told that they had 30+ people on the contract and they would be targeted to be complete by the end of the second quarter. That's an long time to long to support such a large commitment without resultant earnings coming in. At $500/day per person that comes out to 15,000 per day/$300,00/month that is a lost revenue stream!!!! I would say that the calculation I gave here is conservative and in fact may be higher. I may look at it again in 3 months. The stock has to go through signiciant base building in the $12.00 U.S. range and the company has much to do to repair its image. An underwriterUBS) does not usually reduce estimates until after the damage is done. Phil