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Gold/Mining/Energy : BCB VOICE SYSTEMS INC. (c.BIV) -- Ignore unavailable to you. Want to Upgrade?

To: George K. who wrote (54)	3/13/1998 2:47:00 PM
From: J J	Read Replies (1) \| Respond to of 440

George, Some good questions. Hopefully Ken or someone at BCB is now monitoring this thread as Ken indicated he would, and we will get the answers. JJ

To: George K. who wrote (54)	3/19/1998 10:39:00 AM
From: Flora Wood	Read Replies (3) \| Respond to of 440

George, Re: the rights offering in Alberta and Ontario - BCB elected to file for residents in both these provinces because of a combination of regulatory measures and shareholder concentration. It would never be in the best interests of the co. to restrict the offering to an area that was so limited that subscriptions would not be forthcoming. I'm sorry you were in an area that was not eligible but that wasn't a standard concern. Your observations about the revenue growth vs burn rate growth are completely valid. One early indication of light at the end of the tunnel is that gross profit margin has increased from 35.4% to 47.8% in the first quarter this year. At the Annual Meeting next Wednesday, shareholders will meet the new CFO, Doug McIntyre, who can give a candid account of how margins are improving and what measures have been taken to control costs. This is off topic, but another participant in this thread has asked why the thread has never heard from me until recently - I was abstaining from participating in the SI in general (although I've always been a subscriber and have sent private responses) because I saw so many instances where companies were burned (sometimes rightly) because they used their own IR people to communicate on the thread. I've just started on this one because there seems to be a number of investors who are understandably frustrated and want information. If anyone on the SI wants any questions raised at the AGM, please indicate on this thread or e-mail me privately and I'll ask them for you Flora