Subject: Felllow shareholders
Date: Thu, Jun 11, 1998 20:17 EDT
From: StockFelo
Message-id: <1998061200170300.UAA22338@ladder01.news.aol.com>
Fellow shareholders lets put things in perspective please:
All the frequent hourly calls from investors to Dan Erickson and Linda Specht are:
1) Non-productive to the company and their daily operations. If Viking is getting about 3 calls per minute (as I suspect) then that translates into? Well, no work getting done operationally. Just conversation. How much operational work could they do if they are on the phones with everyone all day? How about none.
2) They have been more than nice enough to call many of us back from time to time. However, some of investors are calling hourly. Things don't happen that fast and if we want them to do a good job for us then we need to let them get their job done without all the anxiety about what they see on the boards and what rumors may be floating out there amongst people whom you don't know from Adam.
3) In my conversations with Dan and Gerry today, they stated to me that no one really understands all of the nuances and factors that come into play in running a company and putting together deals of the magnatude that these people are trying to accomplish for such a small company: A) financing and closing on a few hundred million dollar international division acquisition, B) negotiations on a prime Broad Cove Colony property in The Hamptons, C)
negotiations on the Connecticut property, D) managing EPi systems operations, E) managing the Juleon operation and negotiating their office and warehouse expansion, and F) negotiating on other acquisitions that they have been working on for the last few months on top of it all. Whewwwww!
They have many irons in the fire as you can see and folks these people need room to operate without all of the distractions about the BS that has been plastered on message boards by people who obviously have no concern for the company other than making short term trades for themselves. Attorneys have been notified about this activity just so you know.
As for the international deal I have been assured that:
1) The international company runs a very tight ship, so they will make no comments on inquiries
2) The deal is there
3) It is SOLID
4) But needs a few issues worked out
5) IE. Negotiations with key management, and on positive terms
6) The funders are in place
So far as those of us telling the Company what to do and how to run the operations, I'm sure they appreciate the imput, but the buck stops with them and they are highly qualified to make the calls. So, we just have to wait it out until they can tell us what's going on. I strongly believe that the management will perform and come through for us all.
Summary: We all want to see VIKING succeed don't we? Yes, so let them do their job managing and when they can, they will lay down their cards and show you all what they have. ลก
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