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Started by Views Communications
Mon, 05 Oct 1998 00:00
STOCK PICK : Intrinsyc Software Inc. Vancouver Stock Exchange "ICS"
Author: Views Communications
Date: Mon, 05 Oct 1998 00:00
Date: Mon, 05 Oct 1998 00:00
69 lines
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4183 bytes
As a stock broker and ex-fund manager, my rule of thumb always tends to never be concrete about my latest and greatest stock picks. (because as we all know things and times change) But in some extreme occations we all make acceptions. This exceptional stock is the best one I have seen in almost 15 years of trading (other than MSFT). Accually the last time I made a broadband post like this it was on the old properitary "Bloomberg" news systems at 10:08 March 13,1986. I told everybody I knew then, family, friends, long time school buddies, co-workers, I even called my thrid grade teacher to proclaim the new fortunes in Microsoft. (at this time I used my house as collateral took a second morgage and bought $131,000 worth of MSFT) It sure has paid off. :) Now for the second time in my life I am yet again networking all over the world the messsage BUY BUY BUY! This time my BUY pick is not a IPO but rather a small R&D firm in Vancouver called Intrinsyc Software that is merging with an American Company Called Annasoft. Intrinsyc Software is a developer of embeded windows programs. Which in short it builds software for the Windows CE platform. Annasoft/Annabooks is the largest Windows CE distruber in the world. Together they make a hell of a team. I could go into there product lines but I'll leave that to you. Last year at COMDEX, which is held in Las Vegas for 10 days in november, is the largest computer trade show in the world. Intrinsyc at this show was considered to be one of the most important companies there because unlike most companies it managed to be part of the 14 companies that made up Microsoft's booth. 1 of 14 may not sound like much but considering the company is a less than 10Million$/year revenue company, and allowed to be in the present of heavy weights such as Phillips electronic, HP, Fujitsu, NEC, etc... Is one hell of accomplishment. Intrinsyc is currently trading on the Vancouver Stock Exchange as the Symbol ICS. It is sitting at about $1.10 CDN but it wont last for long. First because on Oct.12.98 Microsoft is announcing the lastest version of Windows CE 2.1.!!! Next on Oct.30.98 Intrinsyc and Annasoft are having there "Extraordinary General Meeting" which will finalize the merger and give the go ahead to move the stock from the Vancouver exchange to the American NASDAQ exchange. At the time when Intrinsyc goes public on the NASDAQ its symbol will be ISYRF. Projected sales #'s from ICS underwriters put the stock at betweent $8-12 US. Which as of Oct.4.98 it is @ 1.03 CDN which in 60days to the latest of march 1st will be at the lowest of $8 US puts it at one hell of a gain. We will say for sake of argument Intrinsyc is at $1 Candian thats about 0.63 Cents US which if you put $1000 US down it would buy you about 1550 Shares. 1550 Shares in 60 days at the minumum of $8 is $12,400. That is about a 360% minimum gain in a maximum of 5 months! I could talk for hours on this but I will leave it upto you. If you run across this tell your broker. As soon as he sees it he will tell you the same thing. Thanks For Your Time. vcomm@shaw.wave.ca
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