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To: Zeev Hed who wrote (33589)8/17/1999 4:02:00 PM
From: REW  Respond to of 44908
 
This is from the quarterly. I simply asked about it. Read the last sentence. The main reason for your jabbering about it is to continue to attempt to degrade the company. Read the first sentence now. This was their focus and now is again. This is the reason the longs came into this company in the first place. We that knew accepted the teleservices as just a potential means of covering the burn rate. You have this as a company killer.

"During the reporting period, the Company's management determined that
the greatest revenue and growth opportunity is to be found in its My MusicCard program. The decision was made, in part, due to the delays in implementing the program to provide bilingual teleservcies for the "Loyalty and Rewards" program of The Signature Group, a leader in the direct marketing industry, which has experienced delays in developing its Loyalty and Rewards program with its own client base. The Company's contract with The Signature Group is currently on hold and there is no certainty as to when or how it will be developed in the
future."