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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (5970)4/26/1999 9:05:00 AM
From: Lola  Read Replies (1) | Respond to of 57584
 
Rande if there's going to be a drop in price for BIDS, it will happen end of day Monday or sometime on Tuesday. The BIDS American dutch auction is on Tuesday night, so the stock may begin it's rally on Tuesday afternoon. There's also a BIDS Canadian dutch auction scheduled for this Wednesday. This should bring in alot of buying too.

It's month end next week and Canadian brokerages have to clean up all the customers accounts for margin calls etc. They will have lots of sells at market on Monday (but not on the open, usually they do this on the close) and on Tuesday because there is a 3 day clearing period for all trades. By Friday they have to have all the customers accounts out of margin calls and have settled the trades.

Canadian exchanges do not usually have the correct short position on a stock because the brokerages do not report most of their short sales. I don't know how they get away with that but it's always been that way.

I calculated what I think the Canadian short position is by going over the last 2 months daily buy and sell totals. I think the short position in Canada is just under 5 million shares leading up to it's listing on the Nasdaq.

The President of BIDS said that there's alot of institutional interest in BIDS in Canada and the UK. He said the buying should start coming in about 2 weeks. The buys from the Canadian mutual funds should be really big since BIDS is the only significant Internet stock we have in Canada. We have to buy BIDS for our retirement accounts because of the Canadian content requirement. We have to have 80% of our portfolios in Canadian stocks.

Lola:)



To: Rande Is who wrote (5970)4/26/1999 11:13:00 AM
From: Bucky Katt  Read Replies (3) | Respond to of 57584
 
TELT, deal with Siemens on a wearable computer>>Interactive Solutions, Inc., a subsidiary of Teltronics, Inc. (Nasdaq:TELT - news) announced today a partnership agreement with Siemens ElectroCom L.P. Under this agreement, Interactive Solutions will provide the Mentis(tm), voice-activated, mobile computer as the hardware solution for Siemens ElectroCom's new SIMON(tm) (System Integrated Maintenance Online) system.

Based in Arlington, Texas, Siemens ElectroCom is a world-leading manufacturer of sorting and recognition systems for mail processing automation, commercial sorting and imaging, and data acquisition systems.

Jim Head, Director of Service and Field Operations for Siemens ElectroCom stated ''We carefully researched the wearable computer market for several years looking for just the right hardware to support our electronic performance support systems (EPSS) applications. We chose the Mentis system because of its advanced technology, ease-of-use, and its capability to be used in a wide variety of applications and environments. The Mentis system is the hardware behind several mobile EPSS applications that we have developed to allow both technicians and machinery to share information. This new system combines the Mentis mobile computer with a cellular local area network (LAN) and allows both machinery and technicians to share information with a central computer. These key new EPSS applications will greatly improve the diagnosis and repair of highly sophisticated equipment, minimizing equipment downtime, and improving staff productivity.''

''We are very pleased that Siemens ElectroCom selected the Mentis system as the hardware solution for their new SIMON system and EPSS applications. This new partnership demonstrates Siemens ElectroCom's confidence in our Company to provide mobile computer technology solutions for their advanced, state-of-the-art diagnosis and equipment repair applications. We look forward to considerable success together,'' said Ewen Cameron, Chairman and CEO of Interactive Solutions, Inc.

The Mentis system is a powerful Pentium MMX®-based, voice-controlled, multimedia wearable computer. The standard system configuration includes up to 128 MB DRAM, 4 GB hard drive, PC card slots, full duplex audio card, video card, battery-backed power supply, microphone/speaker, Windows 98®, AT&T Watson speech recognition software, and various wearable options. The system can include full-motion video, CD-quality audio, graphics, and text. Mentis can be worn, carried, or used in a desktop environment to provide real-time access to critical information.

teltronics.com 1 mil float