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Technology Stocks : ObjectShare (OBJS)

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To: Raging Bull who wrote (144)1/30/1998 6:57:00 PM
From: Jatin Kadakia  Read Replies (2) of 185
 
RB,

I thought their moving to new headquartes was an act of cost cutting. Am I wrong assuming that?

With regards to CFO, I think you are right. Departure of CFOs are always considered negative but arrival of a capable new one should be a positive. New CFO seems to have decent background. Hopefully he will be able to take care of financial aspects. Financial woes of the company are always pointed to the CFO and made scapegoats in the interworking of the company eventhough entire management team is responsible for the downfall. Plus the sagging stock price, he has no intention to stake it out as his options are probably worthless for long time. However, it becomes a good incentive for new CFO to step up to the plate as his/her options are going to be at rock bottom price. So he/she has more to gain than lose if company is turned around. I am hopeful.

Regards to their products, I am not very familiar with them to give opinions one way or the other but with vast acceptance of Java, I am hoping that their product will be tried and bought. Would appreciate all the info on their products and any other aspects.

Regards,

JK (nice to see it move near a dollar today.)
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