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IBM's promotion of Mercury's six-package suite of airline management
software to its current & prospective airline clients should add
significantly to the company's bottom line. The IBM agreement gives
Mercury a huge marketing boost, & adds skilled assistance in designing
& fulfilling customized airline management systems. The IBM stamp
of approval gives Mercury validity.
Mercury markets innovative management software that helps airlines
organize, schedule, track, & manage their flight & cabin crews:
Magellan, the flagship product, provides real-time decision support
for managing airline crews on the day of operation. Cygnus is a
fast, powerful system that generates & optimizes crew trips from
scheduled flight sectors, identifies the most efficient operations,
& meets federal, industry, & company regulations. NOVA, designed
for medium or large airlines, quickly generates crew assignments
for the next period's flight operations. NOVA Online is an Internet-based
crew bidding system. NOVA Lite provides cost-effective, entry-level
crew planning for small to medium sized airlines, & can be upgraded
to the full-featured NOVA system. Regulus is an easy-to-use crew
training curriculum development, records & reports system.
In 4/99, Mercury reported a 221% increase in Q4 revenues over the
same period last year ($637,747 vs. $198,115) & a 74% increase for
the entire year ($2.125 million versus $1.221 million). It has $2
million working capital & only about $100,000 long-term debt. Forster
says: "We expect to be profitable by our fourth quarter to end April
30, 2000."
Mercury's client list includes Aloha Airlines, American Airlines,
American Trans Air, Bahamaair, British Airways, Canadian Regional,
Central Mountain Air, DHL, Federal Express, KLM Royal Dutch, Maersk
Air (Denmark), Skywest (Australia), & others. The market potential
for airline scheduling software was pegged in 1997 by Airline Financial
News at $650 million, & growing by 20% annually. Call Steve Johnson
@ 604-683-8668, fax 604-688-2375, e-mail: investors-@mercury.bc.ca,
or write Suite 400, 601 West Cordova Street, Vancouver, B.C., Canada
V6B 1G1. www.mercury.bc.ca [R-6; M-7; L-7]
Update Briefs
This section does not include information from all the news releases
I receive on situations I have covered in past recommen-dations
or Sneak Previews. If you hold any such stocks, please get your
news & updates at www.WallStreetCorner-.com by using "Financial
Navigator." Click the "Go Search" button at the top right corner
of the home page. When the Financial Navigator page comes up, type
in the symbol of the company. You'll get the current price & volume,
& can usually get almost anything else you want from the pull down
menus under "News," & the other categories of information at the
top of the screen.
I usually include updates on only a few situations. I do not have
room for much detail, but on each situation I cover, I include contact
information for you. Please check "Larry Oakley's Daily Comment"
on WallStreetCorner -- most of my updates will be briefly reviewed
there. I update each morning, so you may wish to check it daily.
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Action Products International, Inc. (NASDAQ/-APII -- CS
12/98) acquired exclusive worldwide rights to the patents, patents
pending, & trademarks for Roar KnobsTM -- plush doorknob covers
made in the likeness of various animals & characters. They contain
a touch-activated chip -- for example, the lion cover emits a "roar"
when the doorknob is turned. This is APII's entry into the broad
$1.6 billion/year plush segment of the toy industry. It maintains
APII's educational, non-violent theme. APII appointed Lawrence H.
Bernstein a director. He was executive VP of toy industry giant
Hasbro, Inc. Sales for Q2 (6/30/99) were $1,855,200, with $0.12
earnings/share. APII has been progressing nicely -- check out its
other recent releases at Financial Navigator @ WallStreetCorner.
Call CEO Ronald Kaplan @ 352-687-2202 or IR director Rebecca Garrett
@ 352-680-3516; fax 352-687-2858, or write 344 Cypress Rd., Ocala,
FL 34472-3108. Email: becky@apii.co-m. www.apii.com. [R-7; M-6;
L-8]
Actrade International Ltd. (NASDAQ/ACRT -- CS Sneak 10/95
& 1/99) made Forbes Magazines' "200 Best Small Companies in America."
In the 11/1/99 issue, they are ranked 18, up from last year's 48.
ACRT also was rated one of the 10 specific companies to watch among
the 200. Call Jonathan Fichman, IR, @ 732-868-3100 x205, fax 212-563-3271,
or write 7 Penn Plaza, Suite 422, New York, NY 10001. www.actrade.com.
[R-8; M-7; L-8]
American Bio Medica Corp. (NASDAQ/A-BMC -- CS Sneak 12/98)
filed its second patent infringement & trademark dilution lawsuit
10/15/99 against Instant Drug Detection, Gulf Supply Co., Inc.,
& Drug Detection Devices, Ltd. Call Melissa Decker @ 800-227-1243,
fax 518-758-8171, e-mail abmc@taconic.net www.americanbiomedica.com
[R-6; M-6; L-8]
Bidhit.com Inc. (OTC Bulletin Board/BHIT -- CS 8/99) was
mentioned in the Wall Street Journal Interactive edition 10/21/99.
It launched its Bidhit.com Golf Center, featuring products including
Adams Titanium Drivers, Armour Graphite sets, Callaway Clubs & accessories,
Taylor Made Clubs & accessories, Cobra Clubs, Orlimar TriMetal Drivers,
the Bob Toski line of custom woods, irons, & drivers, & the Wild
Mountain Golf line of hand crafted wood golf clubs & products. BHIT
filed its Form 10-SB registration statement with the SEC 10/18/99.
BHIT was covered in the Kon-lin newsletter. Call 425-424-3660, fax
425-424-3661, or write 204 18702 North Creek Pkwy, Bothel, WA 98011.
www.bidhit.com You may also contact their IR firm, Park Avenue Capital
Corp. @ 80 Fifth Ave., Suite 401, New York, NY 10011 -- 800-953-8711,
fax 212-727-3685. [R-6; M-7; L-9]
CellPoint Inc. (NASDAQ/CLPT -- was Technor International
on the BB as TNOR -- CS 9/98) officially began trading as CLPT 10/6/99.
It appointed Cyrille Mazzella director of marketing & sales. He
has extensive experience with Ericsson in bid team management &
marketing to western European telecom operators. Call CLPT's North
American representative, Anthony J. Castag-no, The Rowe Group @
877-880-1195 ajc@rowe-group.com www.technorinc.com [R-6; M-7; L-8]
DCH Technology, Inc. (OTC Bulletin Board/DCHT -- CS 6/99)
is supplying the fuel cell stack for a demonstration by Volunteers
in Technical Assistance (VITA) of communications technologies powered
by fuel cells. VITA is the world's first private voluntary organization
to apply advanced microelectronics & space technology to the dissemi-nation
of technical information for development & humani-tarian purposes.
It has done this for developing countries for 40 years. DCHT hired
Stephanie L. Hoffman as its VP/gene-ral manager of fuel cells. She
was director of strategic technology planning at Eaton Corp. & the
business technolo-gy manager at Cutler-Hammer Products & Services.
Call DCHT's IR Dept. @ 661-775-8120 ext 11, fax 661-257-9398, e-mail:
DCHTinfo@aol.com, or write 27811 Avenue Hopkins #6, Valencia, CA
91355 www.dcht.com [R-6; M-8; L-9;]
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