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US view on ITIS and Trafficmaster     

platform1 - 29 Jul 2004 08:10

This from the US is doing the rounds and pulls no punches. I got it from AOL last night.


heremoney US 7/28/04




Take a look at ITIS holdings [ ITH ] and Trafficmaster [ TFC ] on the London Stock Exchange. A duff report called the ICC report commissioned by competitor company Trafficmaster bought the ITIS share price down substantially. ITIS have technology called Estimotion that can be quickly installed to any major city in the developed world and is soon to make its debut in Europe. It is all the rage over there. It conveys traffic data to a data base via the mobil phone net work which is then used to alert drivers to traffic problems and give route directions via satellite into car or to hand held satellite navigation units. [ Hand held satellite navigation is all the rage in Japan and Far East and will soon be hitting the US and European markets ]. ITIS have also beat Trafficmaster in a road test set by the prestigious Times of London.

Further Interest is also generated because Trafficmaster price sensitive news releases have been leaked on chat rooms and bulletin boards to the extent some have had to be closed down by the British government.

It is an interesting situation without twists and turns. The out come looks a fire cracker restoration of the ITIS share price from the duff report and a value reflecting the technology. For the other company Trafficmaster a nose dive in the share price and possible suspension from the London Stock Exchange.

fgg

jonjo - 29 Jul 2004 14:57 - 9 of 16

thanks platform1 but every time I tell a jorno about the meeting TFC had when the staff were told smartnav was in trouble and they were going all out with a sales drive to meet figures and that smartnav is even going to be given away in some cases (yes I did say given away) they run out and short the share. Like me he! he! he!

I don`t hold ITIS but I used to hold TFC but it is a pile of poo.

apple - 29 Jul 2004 15:57 - 10 of 16

Thanks platform1,

but I can't find it.

Could you please copy & paste the Link.

jonjo - 29 Jul 2004 17:27 - 11 of 16

.

jonjo - 29 Jul 2004 17:37 - 12 of 16

samon - 29 Jul 2004 17:43 - 13 of 16

platform1 - 29 Jul 2004 17:58 - 14 of 16

apple

No link comes up. Go to 'AOL Money', then 'chat and community', double click on 'companies news'. There are three messages there 'ITIS Holdings and Trafficmaster' but I can no longer access them. They were there last night then went. They were there this AM and went.

jonjo,

I heard about that meeting. Do you know why David Martel is leaving?

platform1 - 29 Jul 2004 21:27 - 15 of 16

apple

It`s there now.

jonjo - 29 Jul 2004 21:45 - 16 of 16

Do you know why Martel is leaving?

because he's been ripping off share holders for 16 years and has been rumbled.
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