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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: ColleenB who wrote (37422)	6/2/1999 9:12:00 PM
From: wlcnyc	Respond to of 43774

"Also, I would find it odd for anybody to sign a contract with a company for a product that is only NOW in beta testing." Would you find it so "odd" if the contracts signed were to design and/or customize and support a "Practice Management Services" system (based on DigiBill) for those accounts? Bill

To: ColleenB who wrote (37422)	6/2/1999 9:38:00 PM
From: Mstrego	Read Replies (1) \| Respond to of 43774

Colleen, 2 things. I agree with you on Digibill not producing revenues AT THIS TIME. "I don't think that's what I'm looking for. The DigiBill can not be producing revenues at this time because it's not even available yet. Product availability is expected in the third quarter of 1999."* I spoke to Bill Black directly who told me that it is in Beta. However, I disagree with you on "And this PR claims that the clients are already receiving services...." Because that is not what the PR says. "These new accounts alone will generate over $400,000 in new annual revenues for PanAmerican Healthcorp," said Healthcorp CEO Ray Gamble." I will suspect you do not work in the software industry. If I may add a professional point of view, Many companies purchase unreleased products, aka, sign contracts, during Beta and Prior to Beta. As a matter of recourse, most companies are offered solutions merely based on idea, and will help subsidize the development of such a project if it is going to help them make/save money in the future. I work at a major software company. "Also, I would find it odd for anybody to sign a contract with a company for a product that is only NOW in beta testing. Which is another reason I do not believe this PR is referring to the DigiBill." I do not know what else it could be referring to. Again Practice Management Services will fall under the IOMS- Integrated Office Management System, Digibill, being the first Marketable product. Now that I consider it, I believe that they will try and market the idea to other industries based on the same concept. Sturg