SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Systemsoft Inc. (SYSF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: margin_man who wrote (3008)2/7/1998 1:59:00 PM
From: J L Segal   of 3529
 
Patriot,

My notes are a bit foggy on the USB transaction. SYSF said that the
USB business was too costly and was diverting too much attention from their most promising SystemWizard sales. The delay in MSFT's developments caused the opportunity for the USB business to slide & (I think) they said that it was now only worth under $1MM (??). -Can someone else who listened to the conference call verify this?
Anyway, it didn't sound like they were selling it to anyone else. 12-14 employees will be dedicated to the new USB co. More details will be ironed out & reported on March 2nd.

JL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext