Silkroad Message Board - Msg: 13119087

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Technology Stocks : Silkroad

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To: Kachina who wrote (588)	3/8/2000 1:54:00 PM
From: VentureSum	Read Replies (1) of 626

Kachina & Coluccio: You're On It! Biz Update. The Snake-Oil-Team has been removed from SR along with some of its amateur management. At their annual shareholders meeting their interim CEO offered an admission that there existed a "disconnect" between certain representations at Geneva and realty. According to him, 3 credible, industry savvy, due diligence teams have evaluated the Company's technology and position. Their evaluations were purportedly consistent with one another. His indication was that the Company has sound, viable, technology, though not necessarily that which had been communicated previously and not likely as consequential. They plan to introduce by-products, not dependent upon their core technology, in attempts to generate near term profits and credibility while completing development of technology similar to "Geneva". They purportedly have been granted new patents upon which their R&D and future is planned. This Company is on the critical list, but has hope if Money and permanent Management are infused quickly. Thanks for all your technical commentary.

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