To: VINCENT MALGAPO who wrote (450 ) 1/20/1999 2:07:00 AM From: Charles Broderick Respond to of 1606
If I have given the impression that the action here is all about their last quarter's results, I most sincerely apologise. It is not! Their results will show that the remaining products (after the deal with Citrix in February) continue to support the cash flow of the company, as it reaps its harvest over the next three months from 500 corporates, worldwide, urgently seeking a quantum leap in Embedded Systems Development. The JENE technology is truly unique, and provides such a massive leap forward, that household names in the IT industry, are falling over one another to get their hands on it. The applications are widespread, especially in our new Internet based world, where increasingly data providers are faced with huge barriers to worldwide data access and distribution, and where storage requirements are on a daily multiple, and where the technologies to support this growth are limited. In another, JENE will become a fundamental component in the technology that will be applied to ensure that problems like Y2K never appear again. I could quote other application examples to beat the band! Knowledge is profit, and those that understand JENE, will be holding their shares for a lot more than is offered at these prices. No competitor exists with anything like INSGY's virtual systems technology as applied to Embedded Systems. INSGY's wins in recent weeks, are the tip of the iceberg, and when I study the "remote access" strategy of Quantum in implementing JENE for all its upcoming Data Storage strategies, my mind certainly boggles, whatever about anyone else's. Studying Insignia's accounts produces a quantum leap of another kind when I reflect that each sale of JENE involves "several million dollars" and then I reflect on the huge impact just one sale is going to have on those accounts. Its not as if INSGY have just started to develop the product. Jene is the result of ten years research....which simply put, no one else thought of!! Almost a million shares traded yesterday, which is flabbergasting, if not surprising. I can think of all those technologists, who have been involved in testing JENE, keying in their orders to Etrade, and the like, for 100 shares and $10 commission!! They see it! However, I do know that a lot of the money yesterday, and over the next few days, is British, Irish(40k shares in Dublin alone) and German...British mainly, which is where the company originated from. Finally, the old money has to be washed out, and the daily profit takers have to be accommodated, but the nearer 10-15 this gets, the older money will think twice and start studying why? At that stage they will be less inclined to leave too quickly. Hope I have helped!! The IrishBlueBird