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Technology Stocks : RFID Systems Corporation (RFID) -- Ignore unavailable to you. Want to Upgrade?


To: Norms who wrote (149)12/3/1998 2:30:00 PM
From: Leroyt  Respond to of 199
 
Check out this site for a video of RFID cable TV program. You can watch it online:

emergingcompany.com

To summarize the situation:

Oustanding shares about 8 million
Float: 1.5 - 2 million

Contract from Saudi's may come next week: $10-20 million (if negotiations are successful over the weekend). Could be the beginning of $200 million contracts.

Financial audit is complete (as per last PR) by KPMG.
Company recently blue-skyed in 40 states (as of 12/1/98).

That's it for now. We may see a REALLY big POP next week if the Saudi contract is signed.

later, leroyt