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Strategies & Market Trends : ZixIt Corporation (ZIXI) -- Ignore unavailable to you. Want to Upgrade?

To: Rick Smith who wrote (1399)	12/29/1999 3:00:00 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 4120

Listen harder, the music's been playing for months. I see you are going to the old stand by's now. LOL! I sometimes think we could talk about the weather and you'd grouse at us for it! Class Action Lawsuits. When will you learn that it is not the longs who discuss these things. Well maybe you should start considering the consequences of some of the actions you're suggesting. Let's go back your earlier question, only rephrasing a bit. You're Cook. It's December 29 and you have a ZixCharge deal signed with Bank of Antarctica. Do you: a) Announce the deal right away. The resulting stock pop won't be so great, but you will have fulfilled your implied promise to the shareholders. b) Wait until after the new year to announce the deal. The media will take the story and may likely run with it, likely giving your stock a nice little spike. Meanwhile, though, the former ZIXI shareholders who took you at your word and sold their stock on 12/31 or 1/3 will be, shall we say, a bit upset. Their anger will be fanned when it comes out that the deal had been signed before the end of the year, but you had deliberately withheld such information to benefit yourself at the expense of your own shareholders. What should be ZIXI's finest hour will be marred by former shareholders who will, not unjustifiably, feel that you set out to mislead them. Apparently CEO Rick Smith would choose option b, screw the shareholders.