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Technology Stocks : Tseng Lab on the move?

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To: Mike McFarland who wrote (37)4/15/1997 10:26:00 AM
From: Jim Tergis   of 251
 
Sad to say I try to go every year. I guess I just keep hoping (dumb me) they'll turn it around but the odds are growing considerably longer every day. Last year's stockholders meeting has dominated by John Vigna. John was the Chief Operations Officer at the time. He made a lot of poor market reads. My guess is he took the blame for Tseng's missed market and the missed 3D opportunity (the ET6000 mistake). He made a handful of promises and Tseng Lab kept none of them. I guess the company felt that they were not responsible for what commitments Vigna made. Imagine that: a company officer that does not speak for the company. This year I'll be taking my sight seeing dog and carrying a white cane. I don't think I can look these guys right in the eye. Or listen to what they say, so I'll wear my Walkman too. You can say and/or think what you want about Tseng's management. IT DOES NOT EXSIST. that's why they are ranked dead last in their industry, thats not a technical ranking but a performance ranking. How else can you explain winning a Comdex Award on technical merits and then abandoning it in less than a year. These people are over paid and should be dumped- NOW- before its hopeless! I think the stockholders should revolt and demand a full account for management's actions! Having said all that-- they just might be lucky again with the ET6300.
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