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Politics : RAMTRONIAN's Cache Inn -- Ignore unavailable to you. Want to Upgrade?

To: PZTee who wrote (4971)	3/15/1998 11:47:00 AM
From: Gutterball	Respond to of 14464

It is my understanding that Rohm is also shipping FRAM samples to another well know electronics company in Japan, but I have not been able to confirm this.

To: PZTee who wrote (4971)	3/15/1998 4:58:00 PM
From: Richard Wright	Read Replies (1) \| Respond to of 14464

Tom: I have been in Europe and thus totally out of touch with the Intag scene. However I know that there has been no announcement to the Australian Stock Exchange since Intag mirrored the Racom/Hitachi announcement. I shall contact Intag to find out whether there has been any decision from Saudi Arabia about who is going to get the passport contract. However I doubt that there has been a decision. They would have had to report either success or failure, given that their Chairman went public on their original bid. That was the contract on which we might have hoped Intag would switch from EEPROM to FRAM. Cheers, RichardW.

To: PZTee who wrote (4971)	3/15/1998 8:56:00 PM
From: Richard Wright	Respond to of 14464

Tom: Intag tell me that the Saudi Hajj passports deal is still being negotiated. Evidently the Saudis did not want to rush into anything new for the Hajj that has just passed. Something may be finalised next month, for a Hajj that happens early in the coming year. My guess is that this is the major project Intag has plans for. Nothing new that might absorb FRAM or EEPROM has been announced. Cheers, RichardW

To: PZTee who wrote (4971)	3/17/1998 1:39:00 AM
From: Richard Wright	Respond to of 14464

Tom: By coincidence, Intag's half yearly report was today (your time) posted by the Australian Stock Exchange. There is promising activity, but it is yet to be seen how much this impinges on use of FRAM. "The Company, during the period under review, continued its principal focus on the Hajj Project centred on Saudi Arabia. In September, the INTAG team participated in the final presentation before Prince Mohammed Bin Naeif, representing the Minister of the Interior, HRH Prince Naeif, and information subsequently conveyed to the Company gives adequate reason to believe that the Kingdom will accept the Project package as the solution to the immense logistical problem associated with the annual Hajj pilgrimage." . . . "In the case of Egypt, a decision has been taken to join as partners with BTC in the submission of a passport tender for that country." . . . "Of potentially major significance were the meetings held in Tehran . . . on the issuance of a new passport system commencing in March 1999 and the more immediate task of creating a new national identify card to be issued to all sixty two million citizens over a three year period. These meetings resulted in an agreement to pursue avenues of potential co-operation prior to formalised negotiations, scheduled for February 1998, in Malaysia." The company has a net tangible asset backing (mostly its holding of 44% of Racom) of 16.8 cents per share and virtually no debt. If I take into account the activity now reported, their net asset backing, lack of debt, and share in potential FRAM licensing and royalties by the triumvirate (Intag+Racom+Ramtron) I think I shall get more at today's closing price of 11 cents! The report can be seen at citibank.com.au clicking on Live News Market Rates, Company Shares News, and giving the stock symbol ITN. Cheers, RichardW.