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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

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To: Jorjenzak who wrote (3621)11/12/1999 11:56:00 AM
From: M Vavolizza  Read Replies (4) of 18222
 
Jordan is right on target. We still have an edge. When we get our VC $$$, I will urge Tom to match our competition dollar for dollar on their advertising; actually, I'll urge him to out-advertise them.

The other thing to remember is that it is foolish to think we will be the only ones. What we have to do to "bite" into this multi-trillion dollar industry is strive to be unique and of the highest quality. Rushing a product to market produces an Edsel. Lee Iacoca said of Chrysler's Volare, "It was the only car ever to be test-driven by the public." Think about it. That car's production was so rushed it nearly caused the demise of Chrysler. The new Chrysler (whose stock I believe had plummeted to under $4) then began a QUALITY PRODUCTION SCHEDULE. What a difference.

Re: competition! This is my opinion. I don't know if Tom or others in ECNC management share it. THERE WILL ALWAYS BE COMPETITION. PERIOD. MCI's got Sprint. ECNC's got MRTO. So what! We'll meet them on the field of battle, and if we assure quality ( I don't care how long the Beta testing takes) we will get a lion's share of the market.

IMHO,
Manny
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