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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?


To: HERNST BELLEVUE SR who wrote (32650)7/9/1999 2:55:00 AM
From: BishopsChild  Read Replies (1) | Respond to of 33268
 
You seem to know a lot about the robot.........
makes me wonder why its just now you pop in and sound like you're blaming him after all the 'coming soon's and most have let go and moved on. Hmmmmmmm........ did Niels just WAKE you up?

ps.....I keep on forgetting it all about the DAMN technology!



To: HERNST BELLEVUE SR who wrote (32650)7/9/1999 3:24:00 AM
From: Marshall  Respond to of 33268
 
Yes, that now 41 year-old company did have service departments for consumer electronics, for residential & commercial satellite systems and for the interactive games you see in clubs as well as sales and installation of all of the above. I had worked there when I was 15 and being good friends with the owner and finding out he recently had a quadruple bypass, was in dire needs of retirement and the only one he had to fall back on was his son who possessed virtually -0- business sense. I figured it wouldn't kill me to try to help out a bit and hopefully save what had become one of the most trusted firms on the N. side of town - most people would consider this an honorable gesture.

I was able to get almost $100K worth of past due bills and taxes caught up despite the fact that "Mr. -0- Business Sense" rarely worked more than 4 hours/day before he "had to go home because he was tired" or "he was sick". This slowly progressed into him being gone for entire weeks at a time consequently severely affecting the revenue stream from the satellite operations which were a necessity to maintain an even keel. Since he was officially now "the owner" there wasn't much I could do about it. The final straw came when he hired a "general manager" to theoretically do his work without doing any background checks on him. Had he done so he would have found that the guy had a habit of trying to steal businesses from under unsuspecting people and in all cases in the past he ended up ruining every one of them he touched.

Although I could have just as well enjoyed returning to the Center for Laser Research were there an opening they didn't have any funding to put an additional person back on the staff but my brother-in-law's family's private corporation did need someone additional for the IT department and I was qualified - hardly what you seem to be implying as a charity case. It's hard work since I'm certainly no expert when it comes to IBM AS/400E mainframes and the RPG language one of our main program suites is written in but I've never been afraid to fine-tune my knowledge. I do possess a fair amount of experience in NT, C++, Visual Basic etc. which is going to come in handy as we migrate from OS/2 to NT throughout the entire organization pretty soon.

Do me a favor - call Greg and try to get some more refined details on what Exhibit 10.7 really means, especially where this "money pool" is supposed to come from. After three years of trying to keep up with this company I'm getting tired of bugging people for details and probably the only place you'll get a straight answer is from the company itself. Also, despite the occasional break, I'm generally hard at work for anywhere from 9 - 11 hrs/day and I just don't have the time to do much more than the occasional research required to keep up with potentially significant RACE customers and emerging technologies in general.