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To: Jeffrey L. Henken who wrote (614)12/2/1998 10:10:00 PM
From: mike mulhearn  Read Replies (1) | Respond to of 939
 
Jeff, here is a good post from the ECHO thread tonight.

To: stockycd (414 )
From: Michael A Williamson Wednesday, Dec 2 1998 8:59PM ET
Reply # of 416

To All,

I bought this stock last Friday after reading the post from DougR
Thursday night. I at first meant it to be just a trade and I exited
1/3 position near the top Monday. I am still holding the other part
because of the research I did over the weekend and since then. This
stock does have huge growth potential on the internet in the small
buisness sector because of the pricing structure advantage to Verifone
(one time fee vs monthly charges) BUT! What seems to be getting
overlooked here in all the internet frenzy is their Beta test with
the USPS. First let me say that I have worked at the USPS for over
20 years. I'm currently working in the IT and Engineering area and
therefore I have seen what can happen when a small company gets a
foothold in our door. The USPS in the last 2 years has been pushing
for a totally connected infrastructure in mail processing and also
in banking and finance. The fact that the Dallas test went to Step 2
and was further expanded speaks volumes to me that this Company will
be rolling out their Money Order machines nationwide. Every PO has a
MO machine and how many is that? How many stars are in the sky? What
is the revenue stream through them? Believe me its staggering even by
internet standards. We only do buisness with solid companies and that
alone assures me this is no fly by night outfit. Siemens and Lockheed
are our largest contractors. If the news next week is postal related
watch this one wake up some large players.
All IMHO of course!