Hyperfeed Technologies, Inc. (HYPR) Message Board

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Technology Stocks : Hyperfeed Technologies, Inc. (HYPR)

HYPR 1.090

-4.4%

1:37 PM EST

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To: Glenn Petersen who wrote (2135)	10/25/1999 10:45:00 AM
From: Glenn Petersen	of 2231

A message from Jim Porter. Appears to be legitimate. Lifted from Yahoo, though it was originally posted on Raging Bull. messages.yahoo.com Les, we postponed the IPO for a number of very good reasons. For the time being the registration is still active so we can reactivate our IPO at anytime in the next six months without re-filing with the commission. As for now we have a number of opportunities that we did not have time to investigate during the road show period. Now we plan to focus on them and at the same time decide which changes we want to make to our IPO offering before coming back to the market. I am sorry to hear that you are concerned. Although we would have preferred to finish the IPO on our schedule we are looking forward to bringing the offering during better market conditions. We will be releasing information as the decisions are made as to our new strategy but we are most anxious to focus on the other opportunities at the present and remain in tune with the market's opportunity as it changes. By the way, I am very familiar with Raging Bull. Several investors forward postings to keep me apprised of investor opinion. It is very difficult to run a business and please everyone that tries to second guess your every move and without all the information. We have tried during very difficult times and under very difficult conditions to build investor confidence in our ability to represent the investor's interest. Certainly our interests are aligned with our investors. Postponing the IPO may not have been our first choice but in some cases long term and short term interests cannot both be served equally by one decision. Those are tough choices when we know we will upset some of our following. It is tempting to make decisions at times that are 'popular' and that create the least reaction from our more outspoken investors. That is not what you, our investors, pay us for. Easy decisions are not always the best decisions and to make them because they are easier rather than make the right but more difficult decision is what ruins many businesses and gets them into very difficult positions. To make decisions for short term investors that will not be around later when the negative results of a short term decision surfaces does not serve the interest of the business, in my opinion. I do apologize that every decision is not 'popular' but I would bet that if you had been in our shoes you would have made the very same decision. Thanks for your email and your continued interest. Sincerely, jp" Jim R. Porter Chairman and Chief Executive Officer PCQuote.com, Inc. 300 South Wacker Drive, Suite 300 Chicago, IL 60606 312-913-2801 jporter@pcquote.com

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