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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?

To: SDR-SI who wrote (3242)	7/18/1998 10:19:00 PM
From: cpa	Respond to of 11417

Racom Systems, Inc. Racom Systems develops and markets contactless smart card systems, which use a direct wireless radio frequency communication between a ferroelectric random access memory chip in the smart card and a terminal. The company's smart card systems are used for access to restricted areas, public transportation fare collection, and point of sale purchases. Its systems are sold through its direct sales force through joint ventures and strategic alliances and through selective licensing and distributorship arrangements with independent sales representatives. The company's customers have included the Hong Kong International Airport, the Los Angeles Department of Transportation, and the Chicago Transit Authority. Based on the above, I don't think Racom has the larger chance of being what was talked about in the article IMHO. CPA

To: SDR-SI who wrote (3242)	7/18/1998 10:37:00 PM
From: jas singh MD	Read Replies (1) \| Respond to of 11417

Good evening Steve, "I hope and have confidence that WAVX management has for a long time been very much on top of what appears to us to be "recent news" in the RSN article and that they either directly or through their developmental contacts with theHP's and IBM's of the world,are alreadyinvolved in this developmental." Here is a portion of the PR of 3/25/98 "During the course of the last 6 months,a number of Wave's partners and potential partners have expressed interest in the potential business-business and SECURITY applications of our Wavemeter technology, said Steven Sprague, president of Wave." Sincerely, Jas