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Technology Stocks : PRMO - Premenos

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To: jeff conn who wrote (193)6/11/1997 8:41:00 AM
From: dreydoc   of 240
 
It's nice to see a little action here. You can't help but wonder what happened to the thundering crowd after the IPO enthusiasm wore off.
I was talking with another substantial stockholder at a conference in Chicago last week and her remarks concluded with "someone will buy them out." I guess I'm left with that hope as well. I didn't care for the change at the top; Tim Dreisbach doesn't bring the weight to move this company. Lew Jenkins made his fortune off this even at these prices and I don't know what he's thinking at this stage. I'm not sanguine unless the whisper is takeover-buyout.

One other thing - I'm in the business and seriously looked at their Templar product. When contacting the company via the web, their response was attrocious. I got no reply via e-mail, they sent me the wrong literature and no one followed up. From a company whose entire future is based on Internet Commerce? Give me a break.

Long, but small.
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