If you're looking for optimistic comments, try listening in on today's shareholders conference call at: 1-800-475-6701; code #379980 available until 3/2 at 12:30PM. CEO Sandor Rosenberg and Kevin Coyne were SPECTACULAR in bringing together where IAIC stands right now and what can be expected as 1998 rolls on. The CC replay lasts for about 35 minutes. Comments were: 1. IAIC's products address a market of 20 to 30 BILLION LINES OF CODE at present which are generating 30 plus cents per linefor the co. Translation: a market of at least $6 to $9 BILLION according to IAIC. 2. CA has RECENTLY given IAIC over fifty (50) "qualified leads" for Y2K clients ... and this pace "represents acceleration" of leads from prior periods. What other Y2K tool vendors could make this kind of claim? 3. It is apparent from the questioners that at least four (4) brokerage houses are following IAIC closely on the buy side: Cruttenden Roth, Advest, Newby and First Montaulk Securities. One can assume that research reports will be coming from one of these Wall St. firms or others. 4. IAIC's Post-Y2K Strategy of modernization/migration is generating premium fees at 50 cents to $1.50 per LOC. 5. After doubling staffing last year from 75 employees to 150 employees, IAIC is hiring an additional 120 to 130 employees which the company can support in view of its burgeoning business opportunities and present financial position. This is just some of the nuggets that I heard. Feel free to add your comments AFTER you've listened to the CC. IMHO, the company's fundamentals have now caught up to the stock price. Going forward, as the market learns of IAIC's potential and realized Y2K contracts, look for a resurgence to the upside in the stock price.
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