Failure to supervise. A brokerage firm's failure to adequately
supervise its broker may also result in liability for the brokerage firm.
Federal securities laws and NASD and Exchange rules require
brokerage firms to reasonably supervise their brokers for the purpose
of preventing violations of the rules and regulations of the securities
industry. In order to satisfy its obligations, a brokerage firm must show
not only that they had in place supervisory and compliance rules and
procedures, but also that they effectively implemented and enforced
their compliance rules and procedures so as to diligently supervise the
activities of the brokers. Related to the cause of action for failure of
supervision is the secondary liability of a brokerage firm for the acts of
their agents under the statutory "control person" provisions and the
common law doctrine of respondeat superior holding the employer
liable for the wrongful acts of the employee acting within the scope of
employment .http://www.securitieslaw.com/causesofaction.html
IT DOESN'T COST ANYTHING TO ASK BEFORE IT IS TOO LATE
Harry S. Miller, Esq.
Telephone - (617) 854-4000
E-mail - hmiller@securitieslaw.com
securitieslaw.com
JUST SEND HIM AN E-MAIL WITH THIS LINK AND ASK WHAT HE THINKS
exchange2000.com
***************************THE IBM CRAP********
>>>>>> I would suspect that news like that would halt the stock trading and it
>>>>>> might open around the $5 mark.
exchange2000.com
=============
>>>>>As far as IBM, 100M is supposed to be over 3 years, with 10M coming in this
quarter
with no related expenses, so that should mean 100% to bottom line. God knows that
they need it.<<<<<<<
exchange2000.com
===========
>>>>>>IBI has a licensing agreement to resell dbExpress and is using the product
also.<<<<<<
exchange2000.com
==========
>>>>>>You would have to understand
how IBM works to understand that this agreement was not entered into lightly, nor is it
small. IBM chose dbExpress to be their pick for data mining/data
visualization.>>>>>>
exchange2000.com
==========
>>>>>>BUT if you speak with IBM, you
will understand as I did, why there could be no numbers. As it was explained to me by
Gregory Garge, they are leasing machines with dbExpress loaded on it. That means a
monthly revenue stream to IBM as well as Concepts. It is more valuable although we
will not see the pop that the company had the street anticipating. This is a big
agreement with monies to just begin flowing.<<<<<<
exchange2000.com
*******WHO IS GREGORY GARGE????? STAY TUNED FOLKS THIS GETS
GOOD
================
>>>>>DJ left out the nice quote from Gregory Garbe, IBM Availability Services unit.
Talked
with him at length. I am satisfied that the company will turn around. It isn't happening
right away, the money will flow. I trust what Perot is doing at the company to clean it
up more so, than the thieves that WERE in control. They did fleece the public, but
things have changed and it will take some time before the public will SEE it, no rumors,
no smoke, no mirror, just solid proof will change it.
Looking for more from IBM.<<<<<<<<
exchange2000.com
******OH THAT'S HIS NAME--BUT WHO IS GREGORY GARBE??????
============
>>>>>>IBM will be passing on monthly revenue from it's placement of dbExpress
loaded on
IBM machines in its lease agreements with major corporations. Those customers will
remain anonymous, which is their priveledge, but those rumored about were very
impressive. <<<<<<
exchange2000.com
===========
>>>>>>Try talking to Greg Garbe at IBm and get his perspective, don't
take my word for it.<<<<<<
exchange2000.com
******CALL GREGORY GARBE--AUG. 22,1997----GETS MORE
INTERESTING AS WE
GO FOLKS*******
=========
>>>>>>My suggestions to you in light of this vacation season when traders are away
and MM
do what they want, look at their web site as stated in prior posting and read the whole
thing. Speak to a tech support person and see IF it's outdated. I understand that it is
constantly being improved and updated, thus the 7 new tech hires. Also try to have a
conversation with any of the execs. Call IBM and see how things are going with this
project.
I don't know when, but I know that the stock is under accumulation.>>>>>>
exchange2000.com
=============
>>>>>>NOPE. I am looking for IBM to talk about their internet computer. I'd like to
know
why their top sales guy is talking about some done deals that are not in the press. I am
p*ssed that they hold back news while we chug at these prices and they sit on good
news.<<<<<<
exchange2000.com
=============
>>>>>>This is what IBM's availability Services Unit is doing. They are selling
dbexpress over
the internet. I believe that this unit has been processing order that are even above
IBM's expectations.<<<<<<
exchange2000.com
=============
>>>>>>IBM's revenue is supposed to be starting in this 3Q. IF
THEY ARE ON TIME, we will see before Nov 15.>>>>>>
exchange2000.com
=============
==============
>>>>>>We all know that there is nice news coming shortly. So finish your buying and
enjoy the run like the old days. If you don't already know that IBM is placing record
amounts of DbExpress with customers, then call them and ask. They will tell you that
the agreement made last August with Availability Services is actually outperforming
even their expectations.>>>>>>
exchange2000.com
============
>>>>>>Read between the lines. Garbe leave a 15year position at IBM for little
CCEE!?!
Maybe, this little company has more than the general public is aware. Garbe is a
veteran in this industry and loves this product. Don't you think that he knows when a
great program comes along, you jump on it!!<<<<<<<
exchange2000.com
**********WELL GLORY BE--GREGORY GARBE--THE GUY YOU WERE
SUPPOSED
TO CALL JUST FOUR MONTHS BEFORE----IS GOING TO WORK FOR
CCEE----WHEN AND WHY DO YOU SUPPOSE HE GOT THAT
JOB??????BUT IS HE
REALLY LEAVING TO SELL DBEXPRESS --THE PROGRAM HE KNOWS
AND
LOVES---STAY TUNED AND FIND OUT*************
=============
>>>>>>This is the next step beyond SQL. Garbe intimates this. When we get the
IBM release
on the contract (which will have no numbers because they are afraid of the legal
implications), you may see a quote to that effect. This is what has been explained to me
by IBM personel.<<<<<<
exchange2000.com
===========
>>>>>>When Richard West releases his lengthy report, I believe that he will lay out
exactly
what he expects in '97. I believe this is a very profitable number. This company is on
the verge of making "real" money. Profits from DbExpress are already coming in the
4th Q from the deal cut in August with IBM, but unfortunately we won't see these
numbers until 90 days after the year is closed and audited.<<<<<<
exchange2000.com
=============
>>>>>>Here's some more to "sleep" on, old friends and newcomers. Cavannino,
Garbe and
Perot all have something in common. Three blue letters - "IBM". It's an alumni club,
folks. We do well to ride on their coattails as they strive to make their individual
fortunes. IBM provided needed credibility for their "seed" this year. Next year, the
farmers will all be working for themselves... just in time to reap the "harvest". Funny
how that works out... Comprende?
I've got to be careful, so I'll be cryptic here. There's good stuff evolving with a large
telecommunications company and people will be flying to London.
On another front, a large order that will generate BIG revenues went down about 3
weeks ago but the company leak masters are being particulary tight-lipped on this one.
More than one rumor oracle confirms about 200k units on that one sale ALONE.
Even if that number's wrong, it's not too far off. This company's in the black, folks -
just like Stephanie said. No news allows accumulation at low prices before the run-up
staging begins next month. That's why the accumulation pattern.>>>>>>
exchange2000.com
=============
>>>>>>IBM is only passing on $3 out of $5 dollars monthly in the Availability
Services division
from leased product they are placing. I can only assume that this full purchase was
done for quite a lot more, but no where near even $100 a copy. If these numbers were
better than this, we might still not see them in print as the company's legal department
has matters keeping them busy over projectiions in the past. No numbers will we see,
just good agreements with impressive companies.
As Ingrid posted earlier, a new name overseas will emerge and the street will really like
this. Forget the losers that are bailing at this time of year and just line your pockets with
their failed investigations. This IS the last time you can get 'em cheap. The future is
quite bright. And even though there are those that would wish that I would keep silent
(even though they haven't) I say these things to those that will listen to encourage them
that this product is awesome and will "be the next step beyond SQL".>>>>>
exchange2000.com
=================
So there you have it Rensho, begining in June 1996 through June 1997 when the LIE
of the IBM
revenue was finally laid to rest with the 10-K and the 1st Qtr 10-Q The IBm Rumor
and the IBM
PRESS RELEASE were used to keep everyone in line either buying or holding.
WHY?? Could it be
that even though you were at one time told that the company would never need to raise
capitol again
using Reg S or debentures that ALL DURING THIS PERIOD OF ONE YEAR
THAT IS
EXACTLY WHAT THEY WERE IN FACT DOING. During that period the
outstanding shares
increased to almost double the previous amount. IS THERE ANY BENEFIT TO
THAT
AGENDA? IF YOU PIN DOWN EXISTING SHAREHOLDERS WITH A
BUNCH OF
CRAP, SO THAT THEY WON'T BE SELLING, AND MAYBE THEY WILL
BUY MORE
SHARES, DURING A TIME WHEN SOMEBODY WANTS TO SELL A LOT
OF SHARES
isn't it much easier to sell the shares you want to unload on the market??????
The bottom line is that the IBM CRAP kept everyone here excited while they waited
for this turn
arround revenue to show up on the books and when the books appeared LATE you
were told that
there is no appreciable revenue from dbEXPRESS. AND ISN'T IT CUTE THAT
FIRST YOU
ARE TOLD TO CALL GARBE THE BIG SHOT AT IBM WHO WOULD
CONFIRM THESE
"RECORD SALES" AND THEN GARBE GOES TO WORK FOR CCEE FOUR
MONTHS
LATER. What kind of ethics and honesty is this folks????
FOOL ME ONCE SHAME ON ME!!!
FOOL ME MORE THAN ONCE-- SHAME ON SOMEBODY ELSE---
UNLESS "ME" IS A
TOTAL IDIOT.
===========
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