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To: Ken Muller who wrote (7444)	11/5/1997 9:32:00 PM
From: Jan A. Van Hummel	Respond to of 14577

Ken, As stated in an earlier post, I tend to believe that we are dealing with ineptitude rather than fraud. Unfortunately, the result is the same. We were misled by receiving erroneous information, information that underlies our investment decisions. I can live with making bad investment decisions if I were given proper information that I interpreted wrongly, but I like to at least share the blame if I were fed erroneous information. Management is in a fiduciary position on behalf of the shareholders and as such must have adequate control systems in place and to ensure these are followed to the letter. The company disseminates to its shareholders how it recognizes revenues and the resulting profits/losses. If, for lack of proper controls, they deviate from these self-imposed groundrules, the shareholders are unknowlingly at greater risk. It is very clear to me that management has failed its fiduciary responsibility and therefore a change at the top must result. Without this latest development I would have added to my holdings. The revelation about these additional problems will prevent me from considering doing so at any time unless there is a meaningful change at the top. Jan A. Van Hummel

To: Ken Muller who wrote (7444)	11/6/1997 7:43:00 AM
From: Liatris Spicata	Read Replies (1) \| Respond to of 14577

Ken- My company, which is usually a reputable one, had a situation early this decade where a group started to fall behind on a government project. They began reporting milestones completed which were "not quite" completed, thinking they would catch up. Needless to say, they never caught up. Eventually my company had to pay a signficant amount of money and suffered a tarnished reputation with the customer, ever since which we have implemented stricter oversight standards. My point is that people under pressure will do things that are wrong and that what starts out as a small-time CYA can balloon into substantial fraud. Ask Nixon's ghost! Larru