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Technology Stocks : IVI Checkmate (CMIV)

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To: Sultan who wrote (3100)1/7/2000 10:54:00 AM
From: hsg   of 3721
 
I remember:

Asking these guys, just before the entouch problem was announced, if they expected to meet projections. They said yes. Cashed in their options. Made the annoucement. We get screwed.

Them saying a checkreader annoucement would be made before the end of August (still have not seen it).

Them saying the Latin American deal would be re-written in their favour, due the Ingenico-Bull merger, and we should see it by the end of August, at the latest (still have not seen it).

Them saying, last summer, that they WOULD BE PROFITABLE FOR THEY YEAR (not even close, not by a mile, did not happen).

Them saying we would have some revenue related events as a result of the Microsoft deal (have not seen it).

what have we seen from these guys? Unbelievable. We can't trust anything they say. They probably think that if I'm pissed off, I should just sell my shares and move on. I won't, I have too much at stake, and the company, if well managed, could be at 10 times these levels. No way they will get there with the present cast of characters. They have proven that!!!!
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