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Technology Stocks : SWMCF- Making a comeback this week.

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To: Jamie Westock who wrote (245)10/15/1996 1:31:00 PM
From: Bart Sampson   of 278
 
RE: Letter to shareholders.

I had a looksie at the entire document, and I can't believe that the executive officers of this company have the unmitigated gall to still draw $100K+ u.s. salaries when they've never, ever been capable of making money based on their products. Someone should tell them that you don't get paid the big bucks 'til you've MADE the big bucks. As for the online stuff- CW should grab a clue. It's just not possible to make money using the internet/web as a distribution/transaction system - yet. If it was possible, don't you think that some of the bigger players would have done it already? It's going to be several years before there's enough bandwidth and enough people on line to make it worthwhile. It seems to me that she's sticking all her eggs in the online basket, and they're going to go rotten in the meantime.

Bart.
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