MTCI...@.75 joining the big guys Message Board

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Microcap & Penny Stocks : MTCI...@.75 joining the big guys

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To: Martin Olsen who wrote (2486)	3/16/1997 12:13:00 PM
From: STEVE	of 2834

Martin, I don't know if a class-action lawsuit will do any good to the shareholders because, assuming such a lawsuit is successful, I don't think the shareholders have a realistic chance of recouping their losses. I am wondering though if we shareholders can pool together our voting power and force a resolution in the next annual meeting to either (1) boot out the current management and elect an independent Board of Directors, or (2) force the sale of the company. I didn't see any SEC filing that indicates the current management holds a substantial percentage of the outstanding shares of stocks (please correct if I were wrong) so there is a good chance our collective votes can prevail. Any thoughts out there? Why not put "shareholder activism" into action and send a very strong message to other companies that are in similar predicament? Regards, Steve

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