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Microcap & Penny Stocks : Linkon (LKON): CTI Company
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To: mike mantoni who wrote (993)5/26/1999 2:53:00 PM
From: Tim Oliver  Read Replies (2) of 1082
 
Maryann, you don't know how happy and sad I am to hear from you at the same time. This really must be a tough sector for venture capitalists to deal with. Progress is always a lot slower than expected and competition is fierce. Management (NOT technology) is a lot more important over the long haul.

I know nothing about LKON management although the fact that the CTO is also the chairman should have scared me to death in the first place. Those guys get too hung up on the "cool technology" and forget that they have a business to run. Send 'em back to high school so they can win the science fair. Beyond that most of them are worthless for investors and their products aren't the ones that proliferate in the real world.

They seem to have some relationship with Mockingbird (who doesn't appear to have turned its investors off yet), although I don't know but suspect that they'll screw that up too since they apparently have the relationship long distance (according to Mockingbird's sales guy). Several months ago, Mel mentioned that they were hoping to get bought out...."praying" is probably a better word..."PLEASE bail us out...we don't have A CLUE what we're doing in business."

Lot's of volume today....stock down. As usual, hope I'm wrong, but the world is made of a bunch of idiots and I suspect some of them run LKON. I need to go run my own company for a change again. At least I make money!
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