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Technology Stocks : Omnis Technology Corp (OMNS)
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To: Ben Marfield who wrote (13)12/13/1997 7:52:00 AM
From: Christiaan McDonald  Read Replies (1) of 46
 
I bought a small amount of this stock a few months ago and decided
to watch it for awhile before taking a real position. But as I
dug deeper and saw how fast the co was burning cash I decided to
hold off, very smart decision as it turns out. The reverse split
was a tip off that things were not going right and now look what
has happened, back to the same price it was before the reverse
split. Seems this management has done a bum job and my experience
is that management is either good or bad and this management is
bad, very very bad. They almost never go from very very bad to
good, unfortunately. Good management always gets costs in line to
try to make a profit and then they expand sales force, advertising, et. This management tried to do the opposite.
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