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Technology Stocks : Copytele - Another XEROX in future

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To: Tim Kenney who wrote (799)7/31/1997 10:03:00 PM
From: wolfdog2   of 1320
 
Tim, thanks for posting your observations of the annual meeting. I'm sorry that I missed Dennis's dog and pony show. I agree with your observaton that the longs won't be in any hurry to sell. Having bought the stock, they now justify it with the reasoning that if the company weren't the greatest thing since sliced bread, the never would have bought in. Also since Dennis and his crew take their pay in stock options, it will be a long time before the company runs out of cash.

Btw, I e-mailed the company recently. I asked if I was correct in assuming that the distributors were under no obligation to buy anying. I guess I was, since the company never answered.
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