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Technology Stocks : eShare Technolgies (ESHR) -- Ignore unavailable to you. Want to Upgrade?

To: wily who wrote (100)12/15/1999 10:45:00 PM
From: Tom Hua  Read Replies (2) | Respond to of 653
 
From SEC filings, eshare revenues (before the Melita takeover) were in the area of $10,000 per year.

wily, that's wrong. Please show me where you got that figure. The old eShare had revenue of 2.5 million last quarter. For comparison, EGAN had 1.3 MM. Please consult the last 10Q or quarterly results press release, and/or the CC.

The current chart reflects the old Melita and the new eShare.

As for large ownership by management, it's actually viewed positively.

My assessment of ESHR's penetration in the internet space is completely based on the old eShare's impressive achievement to date coupled with its current expansion campaign.

Hope that answers your questions. Please feel free to raise more points. I'll do my best.

Regards,

Tom

PS. Wow, we crossed 100 posts, a milestone <g>



To: wily who wrote (100)12/16/1999 6:18:00 AM
From: jjs_ynot  Respond to of 653
 
Wily,

>>> Isn't that a red flag when management is the majority owner --
i.e. public shareholders have no power? <<<

No, it is a red flag when managment has a minimal stake. You, as a shareholder want management to have a vested interest in the price of your stock going up.

Dave


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