Goood morning and happy Thursday!

    Posted by matt on 6th of May 2021 at 09:21 am

    First thing: I have a conference call this morning at 10:30 with AAZZF, the company both Steve and I have a large investment in so I'll be away on that for an hr or so. Steve will be back late this evening. Also as I commented in the newsletter, I have some commitments this evening so I may only have time to put out a brief newsletter

    As far as the market ES futures are are basically flat while NQ (Nasdaq 100 futures) are down 11, so we continue to see weakness in the QQQ's and big tech

    Precious metals gold, silver and GDX are trading up pre market

    Bonds: TLT is down about 50 cents and HYG is down 7 cents

    Remember tomorrow morning is the Unemployment Report all eyes on that.

    Need to ask AAZZF how

    Posted by RP on 6th of May 2021 at 09:52 am

    Need to ask AAZZF how they handling the app you put on iphone scan items into cart and walk out.

    I wasn't aware that there

    Posted by matt on 6th of May 2021 at 10:01 am

    I wasn't aware that there was an app. It's all handled on the cart everything, even the scale. You don't even have to manually scan the items it does so when you place them in the cart.

    as far as security it tracks a bunch of stuff - if you are trying to leave it will lock up the wheels and sound an alarm or something like that.

    The carts are expensive like 7500 a cart but I think the exciting development there is that quite a few companies have come forward saying they will pay for the cart for the stores, you will get coupons automatically show up on the cart to use. I'm not one who uses coupons, but if it's autoatically given then great, why not use it, painless.  

    something like 21 executives from NCR left to go work for AAZZF.  my guess is that NCR may eventually buy them, otherwise AAZZF could get too large

    i heard there was i

    Posted by RP on 6th of May 2021 at 10:13 am

    i heard there was i set in on last conference call asked a few questions. i hav take off again so wont be around. i know they are doing this at wholefoods is the word.

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