iBIZ Technology Corporation (fka IBIZ)

[jerryc2u]

CEOCAST 2-1-2004

Will history repeat itself? Last week we initiated coverage of iBIZ Technology Corp. (OTCBB: IBZT), an emerging manufacturer and distributor of accessories for personal digital assistants and hand-held devices. We noted many similarities to Calypte Biomedical, which surged 15-fold in price soon after, once it reached an agreement with its convertible note holders that had been pressuring the stock for months. Last week, IBZT announced that it had entered into a settlement with its convertible noteholders, which will likely remove the overhang that has hampered trading in the stock. Now, investors can focus on prospects for the company’s Virtual Keyboard and the future launch of the Blue Dock. Sales for the $100 Keyboard, which provides a full-size QWERTY keyboard, have been robust since it received strong media attention at the Consumer Electronic Show. The stock rose 58% last week, ending at $0.0586.