============================: TUE.MAR,990323 :============================
|16:54| TedPrice : Invoices on Web  | Digitial docs - back office commerce .
 > .75 B to B .
 PrinterNet . | EnterprizeResourcePlanning ( SAP ) becoming document enabled
 Gartner Grp : .9 docs w b digital .
 Highend printers - Xerox -  flat - to decline .
 E-mail significant .
 E- Bill presentation .
 Competitor : IBM - INSCI tek ahead .  Gartner says 1 of 2 leaders .
 3Q result , up .3 y on y .   earn : 386 K .
 Rev 12 v 9 M$  | Rev up .42
 .6 rev , .8 xactions  on new web products .   NT moved from UNIX .
 1.4M$ cash .
 Imaging & Document Solns Mag 9901 : Product of yr .
 COINSERV : Dig Doc Back office - Bill presentment .
 Printing w go to web . Large corp : M docs % day . print cost 1$ each .
  [ 250M$ % y  doc cost ? ]
 e.g.  1M confirms % day for online retail .
 Online retail big . Joint mkt w Xerox . provide software . annouced 9810 .
  Carried on Xerox website .
 Unisys : Windows NT . 250+ customers .  Banks - customer svc .
 FujiXerox , Moore - reselling .
 FirstData .
 AMEX & NASDaq . Brokers .  Banks .  Ins .  Telecom .
  50k entry - 400k $ deals .
 Price : 2.5x revs . peers 4x
 Pres - COO -  patents - ex-IBM Moore .

 3.5 of 7.5 M Share float .
 Below conversion price of 9$ 2001 warrents .
 Electronic Bill Presentment .
|17:16| Qs ?  speed Avoids float .
 25 Cos in Space . 4-5 enterprize guys . IBM , Mobius ( mainframe ) Indeso (
 Unix ) , NewDimensions ( bought 650 M$ )
Clare : Mar 31 better ? hope so .
 Takeover Candidate ? Unisys has good currency .
 Me : EDI ? Dead . browser presentation .  [ Don`t think so . See XML . ]
 can handle thousands of concurrent users , M docs % day .
  robust .
 8 direct sales force . couple Europe , Asia .
 4 new prods in pipe .
 Why ~ bigger in retailing ?  Unisys etc - lead into Fin .
 What using before you ? Database directly - vs filing department .
  metacode - print string document archiving . legal archived doc .
 has 1.2 M options @ 1.7$ , 50k shares owned .
 low : 9%16 in Nov . |17:34|