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Technology Stocks : Totally Hip Software, What is in store for it?
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To: D. Wei who wrote (403)8/11/1998 12:08:00 PM
From: gypsy  Read Replies (1) of 756
 
Dorothy, I believe some clarification is in order here.

THIS IS THE EXCERPT FROM THE DATA NEWS ARTICLE THAT RANDY WAS REPLYING TO:

Once this issue is resolved, there is no looking back for this company, as
>they have a number of deals, bundling agreements and positive media
>attention coming. Further to this, one or two financings are not far off.

THIS IS RANDY'S ANSWER TO THAT DATA NEWS STATEMENT:

We have a duty to our shareholders and the industry. We can wait for the 1,488,000 escrow shares. They aren't going anywhere. Imagine letting him go to get these shares. Shareholders could accuse us of selling out the company for our own benefit. Where will these 1,488,000 escrow shares go when the co-founders get them from the exchange and the transfer agent.
They have been allocated to others within the company as an incentive
which benefits all shareholders. The co-founders (five of us including myself) have allocated 100% to other employees and not one of them will go to us. We are not asking for a return on these shares from these employees since we believe in this company and feel that these shares will help to reach our target price within the next 14 to 18 months. What is that? Let's just say that we picked a target and all numbers I have seen so far are low.
We have our own goals and plans.

Randy Mac, please clarify what you meant by (all numbers I have seen so far are low)!! Were you referring to the price predictions by Data New Group?

ze gyp
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