Technology Stocks | Electronic Retailing Systems International (ERSI Nasdaq)


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To: Darg Sphincter who wrote (80)9/16/1998 1:56:00 PM
From: waitwatchwander   of 92
 
Hi Darg,

ERSI has recently announced a few trials of their new wireless product. You should be happy. I initially thought that whimsical linkages between net talk and pr reflected a lack of creative innovation. However, maybe, this better reflects a short sighted coinage of my neurons.

Have you seen The Truman Show? nf

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To: waitwatchwander who wrote (81)9/29/1998 4:12:00 PM
From: waitwatchwander   of 92
 
The E.W. James and Sons Story

ewjamesandsons.com 

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To: Gus Hakim who wrote (73)10/5/1998 11:00:00 AM
From: waitwatchwander   of 92
 
I just noticed that ERSI has updated their web site. It seems to have more of a marketing focus. Additions to folks involved, application notes, new trade mark and patent notifications (software!).

ersi.com 

I see that the ex-GE $$$ man is no longer part of the team. I wonder why and also how his story changed?

The comment "ERS introduced the first RF Electronic Shelf Label (ESL) system in the industry " is very peculiar. Didn't both NCR and TLS introduce RF esl systems before these folks? Could someone have slipped up with these words? Who holds the patents on the RF technology incorporated into their system?

A few specific questions for the inquisitive. nf

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To: Darg Sphincter who wrote (76)3/12/1999 9:22:00 AM
From: waitwatchwander   of 92
 
This story has been awful quiet lately. If I remember correctly and if he's still in the game, the ERSI Chief Technical Officer came out of this operation around the time of their big "out-of-favour" fall.

businesswire.com 

Darg, Are you still following ESL technology? One would have to think that something has to give ... soon!

nF

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To: Gus Hakim who wrote (74)3/12/1999 1:25:00 PM
From: waitwatchwander   of 92
 
Looking for some heat, well here you go. It seems funny getting all this "floating around the edge" news today.

Rite Aid Plunges On Fourth-Qtr Outlook

dailynews.yahoo.com 

Gus, Do you still follow this industry? I bet it has taken a lot longer to blast off than most folks initially figured.

nF

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To: Darg Sphincter who wrote (80)10/5/1999 2:50:00 AM
From: waitwatchwander   of 92
 
Where's the Truth ???

The price (and market capitalization) of both ERSI and TLS are now very close. They are still differentiated by that mountain of debt. Given the lack of substantive orders by both parties, it's hard to see either championing the post-millennium. Is that what the grocers want? Do the retail czars even care? Will they ever see fit to roll out ESL's? What's it going to take to kick start some industry enthusiasm?

ESL's were one of the first "useful" wireless applications. Both companies have been hacking away at the game for over ten years! Why are ESL's now at the end of the wireless train? How does one make sense out of this dire turn of the tide?

nf

ps The sales managers for both companies have failed miserably. In the case of ERSI, I think many different folks have taken a kick at the can. That is not the case with TLS! What's the problem? Stagnation? Stale Ideas? Misdirection? Buffoonery?

pss Y2K is an "excuse" for maintaining the status quo. Both "free" and "cheap" ESL's have been affected. That's my Beef !!!

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To: waitwatchwander who wrote (86)11/10/1999 8:59:00 AM
From: waitwatchwander   of 92
 
The perceived value of ERSI's order with this customer may be twisting in the wind.

Wednesday November 10 5:40 AM ET

Rite Aid Contacted by SEC Enforcers - WSJ

NEW YORK (Reuters) - The enforcement arm of the Securities and Exchange Commission recently contacted Rite Aid Corp (NYSE:RAD - news). and at least one company that has had dealings with the chain, the Wall Street Journal reported Wednesday.

The SEC scrutiny comes after Rite Aid said in October it would restate downward by about $500 million its earnings for the last three fiscal years, wiping out half its reported pre-tax earnings for the period, the Journal noted.

Karen Rugen, a spokeswoman for the No. 3 drug retailer, was quoted as confirming the company had been contacted by the agency's enforcement division, but declined to give specifics.

She said Rite Aid wasn't aware of a formal investigation, but ''given the size of the restatement, approximately $500 million, one could be anticipated,'' according to the Journal.

Creditek, a company that has helped suppliers Rite Aid manage billings to the drugstore chain, was also contacted by the agency's enforcement arm, the Journal said.

A spokeswoman for Bic Corp., a supplier of pens and other products to Rite Aid, said her company was recently contacted by the SEC about Rite Aid, but wouldn't specify which division of the agency, the Journal said. Another division of the SEC, which oversees corporate filings, has been reviewing for nearly a year and a half a Rite Aid registration statement covering the sale of securities, Rite Aid told the Journal.

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To: A.J. Mullen who wrote (46)11/10/1999 9:08:00 AM
From: waitwatchwander   of 92
 
Here' an interesting development?

NORWALK, CT– November 8, 1999 - Electronic Retailing Systems International, Inc. ("ERS") (OTC BB:ERSI) today announced its purchases in the open market of $31,250,000 aggregate principal amount at maturity of its 13 ¼% Senior Discount Notes due February 1, 2004 (the "Senior Notes"). The aggregate purchase price to ERS for the acquired Senior Notes was $4,843,750.

ersi.com 

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To: Darg Sphincter who wrote (78)3/26/2000 2:11:00 PM
From: waitwatchwander   of 92
 
Hi Darg,

I've been learning to bite my tongue over the years. Are you still following the esl industry? With the banishment of the Y2K Spastics, one would have to expect the surviving riders to be getting back up on their mounts.

Have you heard of any esl developments in your neck of the woods?

Best Regards,

nf

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To: waitwatchwander who wrote (90)9/24/2002 7:33:02 PM
From: waitwatchwander   of 92
 
Shaw's adds self checkout

[Looks like NCR is consolidating their gains with this chain. I wonder if the shelf check that "wasn't" Y2K compatible was installed by PSC, the company ERSI bought to get into another line of retail business?]

zwire.com 

By: Jessica Lee September 23, 2002

ROCKLAND - Customers at Shaw's Supermarket can now check out the newest technology in self-service checkouts.

The Rockland store has added two self-checkout counters for customers with 10 items or less. Here, customers-on-the-go are in control of scanning and bagging their own groceries. Payment can be made through cash, credit or debit.

Bernard Rogan, Shaw's spokesman in the Portland office, said Friday that the self-checkout counters are being installed in each store, as each undergoes renovations. They have been in operation in Rockland for about a month, and Rogan said the response has been very good.


"It's very unobtrusive. It's self instructional. People who use it love it," he said, comparing the machine to the now-familiar ATMs. "Once you go through it once at a steady pace, next time it's a breeze."


Shaw's, headquartered in West Bridgewater, Mass., first tested the self checkout in 1999 in its Derry, N.H. store.


"It was the first of its kind in New England," Rogan said. "Customers loved it."


However, when the year ended, the machine did not prove Y2K compliant and had to be removed. Rogan said Shaw's then searched for a compliant machine, which it found from NCR Corp. of Dayton, Ohio.


Rogan said the new self checkout installed "allows the customer to control their shopping experience."


Primarily, the counters offer an even faster alternative to the speedy checkout lines, he said, especially when only purchasing a few items.


As a result, "there's never a line," Rogan said, at the self checkouts.


"It's a good way to move yourself along and feel that you're moving faster and it cuts across all age groups, all demographics," he said.


The machines - now installed in roughly half of Shaw's supermarkets, which include Star Market, throughout New England - will not replace any employees, according to the spokesman. Instead, they have allowed the stores to reassign an individual to another section of the store that may require more attention.


The potential for shoplifting, he said, has been addressed with the design.


"There is a method to the madness," Rogan said.


Once an item is scanned, the customer must place the item in a bag. A scale underneath the bag then weighs the bag. If the bag seems too heavy or too light, the machine will shut down until an employee is called over. There also are video cameras installed overhead.


As with any technology, Rogan said, the self checkouts will undergo fine-tuning in order to best meet the customers' needs. He said the machines already have been made more "ergonomically correct," so that self bagging and scanning does not strain the customers.


"This is in a constant state of evolution," he said.


©Courier Gazette 2002

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