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Microcap & Penny Stocks : CCEE Breaking Out -- Ignore unavailable to you. Want to Upgrade?

To: Ron Wargo who wrote (7646)	11/2/1997 9:01:00 PM
From: wfrazee	Respond to of 12454

If the NASD listing was the primary reason for the reverse split, then the company could have as easily ammended the certificate of incorporation to have reduced the number of authorized shares in the same percentage as the reverse split. These guys want to waste away more of our money. Throw the bums out. I had to laugh when reading the proxy report. "The company does not have employment agreements with any of the senior management. The company does have employment agreements with certian of the officers of its subsidiaries, including Judy Carter, President of Softworks, Inc. and Claude Kinsey, Vice President of Softworks, Inc., each with a base salary of $150,000, expiring in October , 1998, however, such officers are not involved with establishing significant policies of the Company." Seems to me it's time to add Judy to the board and let her help make some of those significant policies. It's only fair considering her operation is the only profitable one at CCEE. Gee, she's even been left out on the options deals, repricing of options, etc. As I see it, she's more valuable employee than either Dan(s). I also liked: "it is also noted that management has followed a policy of granting compensation which is largely tied to shareholder values by the issuance of restricted stock and/or stock options whereby the value to the parties receiving such grants is thereby tied directly to increases in all shareholder's market values." What hogwash. Tieing management compensation to shareholder value went down the drain when the company began repricing options. Where can I get some for .01c and turn around and sell them at .50 to .75c???? Gary, Dan, & Dan - get off your butts and start being straight forward with the shareholders. Come clean on BT, issue a press release telling us what the deal is and stop putting inuendos in your press releases. If there is something there that will benifit us shareholders, say so - if not then stop misleading us. Where are the results of deals with Perot, IBM, Protific, BT, etc. Don't ask us shareholders for money so you can go on another acquisitions binge until you can prove you can run the company you have. If you can't make dbExpress profitable - close it down but stop the red ink. Lastly, prove you believe in the future success of the company. Publicaly state no more options will be repriced until the company reaches profitability two consecutive quarters.

To: Ron Wargo who wrote (7646)	11/3/1997 1:42:00 AM
From: Parker Benchley	Respond to of 12454

Ron, Honeywell would seem to be less than 100% compliant. It's a massive, huge company with very deep pockets. I hope they strike a deal with Softworks so we can see another press release with no numbers and watch CCEE move as much as a 97 year old newlywed... This whole proxy deal is just hard to figure, but I agree it will play out soon. It's snowing like crazy here and about 28 degrees. The technical word for it is "sucks." How's the weather there? Uhhh, just forget that last question... I wish us all luck...lots of it. George