Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: Jonathan M. Traxler who wrote (653)	3/2/1999 3:00:00 PM
From: Alan Lynch	Read Replies (1) of 763

Jonathan, I have followed Remedy for quite some time myself. It appears the products themselves have been excellent, however over the past year I have read of the poor management structure in place at Remedy. There were changes in the compensation of sales personnel that effected a continuous hiring process, leading to a less experienced sales force, poor motivation, lowered customer confidence, etc. As the writer Stephen Quickel was giving his opinion, I found it interesting what he didn't say. This was a $50+ stock at the beginning of '97. To fall below $10 (Quickel stated it fell TO $10) is an enormous drop and indicates problems. Can anyone elaborate as to where Remedy is in regards to cleaning up an obvious mess? Regards, Alan Lynch

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