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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration -- Ignore unavailable to you. Want to Upgrade?


To: Pierre Mondieu who wrote (10769)8/5/1999 11:09:00 AM
From: enki3600  Read Replies (1) | Respond to of 10903
 
If it lasts that long. TPI's senior management has never had the vision or the understanding to direct a company in the late nineties. They started with a vapor product called Transform/400 and have a long list of failures that attest to this statement. ADP is just the last of a long line of attempts to get Transform 400 to work. To generate Investor excitement they moved into Y2K and Groupware with no apparent understanding of that market either. Do they proactively market Y2K and Groupware? No. They try and rely on being invited along by others. (Witness the host of marketing announcements that never saw revenue). They get money losing and low margin jobs leaving the high margin work for others.

It takes true talent to screw up the Y2K opportunity.

The McFools have rid themselves of any senior manager who had the talent to move them forward starting with Pete Ross and an army of others. They have diluted the stock to the point of insanity and squandered the Y2K opportunity along the way.

They introduce a Y2K embedded self assessment CD 18 months after the rest of the market and then price it at 20% above market rate.

Do I believe in Santa Claus, absolutely. Do I believe that TPI can survive, no. But do not despair the McFool money is safe in the British Virgins.

-- Just my thoughts and frustrations