Jim
Here is a try at it.
This Donna whoever, has generated a fair bit of comment. I'll try to attach 2 of her posts.
November 1, 1996
Date: 96-11-24 12:39:15 EST
From: DonnaDay19
I am finally back from Comdex. So many people and products. The big thing
was Windows CE and the Internet. No surprise! Couldn't get a phone line out
on my Cellphone or hotel to save my life. I was staying at the Hilton and I
think everyone must have been trying to call at the same time.
Even though NCI was not exhibiting they seem to be in a lot of places. I did
not see them personally in the Hitachi booth, but I heard that one of the NCI
people was exhibiting the Mobile Office on there new Micro PC that uses
Windows CE. I did see in the Microsoft Partners booth that NCI was listed as
a developer partner. I did ask a staffer and they said that the developers
contribute code to the operating system development in areas where MS is not
proficient. Maybe we are doing the sound for it?
A lot of people I talked to saw the NCI TV commercials and advertisements
flying into Las Vegas. I think it really helped the name recognition.
The exciting news is that I heard from an analyst friend that NCI showed an
incredible new voice recorder at the SanDisk party on Wednesday night. He
said it was very ergonomic and looked to be made of titanium. He said it
looked like one of those new cameras that have a metallic finish. He said
the unit was absolutely beautiful and looked to be the size of a small
cellular telephone and had a large digital display. The new recorder was
said to use the new Compact Flash, but my friend said they were showing a
super miniature hard disk that plugged in where the Compact Flash went that
would record over 30 hours. He also said that the NCI people spent most of
the evening with the head of Philips, San Disk and HP.
I talked to IOmega about the N.Hand 20 MB media and drive. I asked him about
NCI and he confirmed that they are developing a couple of products that will
use the N.Hand and Zip cartridges. He did not tell me what they were
exactly, but did say they were for voice and sound recording.
I will be leaving AOL in January. I signed up for a service, while at
Comdex, called Earthlink. It is $19.95 per month for unlimited time on the
Internet. It includes a free web site, Netscape and E-Mail. I send a lot of
big code files and AOL has been a problem. The demonstration of this product
was very cool. Until 1/1/97 there is no setup fee, so it is really a better
deal than AOL.
Donna
From: DonnaDay19
Been watching all of the stuff about NCI and Root. He ran a company called
Maxoptix in Fremont CA. He was CEO. It is a company that makes erasable
optical disk drives. It is about $80 million and is alive and well. There
website is http//www.maxoptix.com. He was exec VP of Maxtor, $1+Billion who
owned Maxoptix. He sold Maxoptix to Kubota for Maxtor and was a big part of
selling Maxtor to Hyundai. I know because I worked at Maxtor.
I am new to NCI Stock. Bought at about $1.50 average when Root joined the
company. I bought because I am looking for a long return, not short swings.
This is a product of the future not today. It must hit critical acceptance
before it really grows.
As for the NCI stock price, it is where it should be. About the same as
Voice Power and Voice It. All of the past was typical smoke that Woody
Norris used to get our attention. He is a stock brokers delight. Is that
what the game is? Are we only investing in how good a CEO is as a salesman or
the future potential for the company. Woody Norris is a master of bullshit,
everyone knows that. Nothing he has ever said has come true. For those of
you who bought Norris for $3.XX a share when the book value was $0.00 shame
on you. You should be happy that the four or five events that would have put
NCI in Chapter 11 were circumvented. Trust me, that would have really
trashed our investment. What I don't understand is that if you spend five
minutes looking at the company 10Qs you will see that it had been in terrible
shape. Now the balance sheet is clean. If you had run a business, you would
realize that you have to clean up the BS and get the products out before it
will turn-around. We also all know that the Flashback didn't really work
until the new model came out a couple of months ago.
I am not defending Root. I don't know the ins and outs of what has gone on
day-to day at our company. What I do know is that when NCI was Norris, it
was in the worst shape I have ever seen a company to be in and every bit of
information was bullshit. Frankly, that is why I bought it. I for one
appreciate that they have gotten the finally products out and that we have
Sanyo. If Burton is right and another OEM signs on soon, it will only be the
start.
I am speaking out because I know it takes a couple of years to turn around a
company. Even longer when you have to work with a bullshit factory like
Norris. If we do not support the team now, the one thing for sure is that
our investment will die. Let's get behind the team and stop supporting rumor
mongers who are probably shorting our stock and making money on our dreams
for the company. We are the ones hurting the stock price , because the law
won't let the company speak out. Think about that! |
