Warm Fuzzy E-Mail from Investor Relations at TelVue.
I sent an E-Mail to TEVE Stockholder Relations asking them to re-release their Pay-Per-View by Internet story and to highlight the TEVE stock symbol. The Internet stocks are hot, and we are tired of being ignored.
This is their response:
Dan Lisman
Dear Dan:
Thank you for taking the time to send us an e-mail, we are always happy to
hear from our stockholders. As you well know, it is inappropriate for
companies to send out news releases for the sole purpose of promoting the
company with a goal of moving the stock price. As a result we have a
policy of being prudent in releasing information and try to restrict our
news to that which materially impacts the business. Further, we need to be
cautious in not tipping our hand to the competition by prematurely
advancing information relative to new products or business plans. As an
example, the "Pay Per View Internet Ordering Story" which was released last
month was a major breakthrough in the cable industry. We timed the release
of that information to coincide with a Cable TV trade show (where we had a
booth demonstrating the product) and supported the announcement with
advertising in major industry publications. No one in the industry
expected this "breakthrough" and as a result we created a major "event"
which was the talk of the show and at the same time caught our competitors
"flat-footed", because they did not have a comparable product.
We monitor the bulletin board at "www.techstocks" and would love to give
our investors something new to talk about, but we want to hold back until
we have something really important to say. As you can imagine, as we
market the PPV-Internet service, sign up major cable companies as users,
develop "partnerships" with other major names in the cable industry and
"spin-off" additional features and applications -- there will be sufficient
reason to legitimately release information to the public. We always
include the symbol "TEVE" in our releases.
Keep an eye on our website telvue.com we update that site
frequently -- check out the "affiliates section" it will give you an idea
of what is going on day to day on an operational basis. Also monitor
ppvorder.com and allthingscable.com -- they are two
sites we have under development.
Again, thank you for writing to us. We are always happy to communicate with
shareholders, listen to suggestions and answer any questions you might
have.
Don DeCinque
Vice President, NBD
TelVue Corp.
(609)273-8888
telvue.com |
