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To: Constance K. Landis who wrote (477)	11/6/1997 10:07:00 AM
From: Green 6	Read Replies (2) \| Respond to of 665

Constance, Use your charts on IMGX for a place mat.The company has been tainted for three years.I dont care about quips,The pipeline of 81mm is all U.S. based business.Ford was mentioned going into full implemention during the c.c.No one should be looking at Durotech.Durotech is dead , The company should is a growth story. I called LU myself, there is business being done there. Leto has been here for 5 quarters, and he's getting it done.The proof is there in the relationships.i.e. SYBS,DEC,STK, it's all not going to happen at once but we can't blame present mgmt, for the mistakes of the old mgmt. and for us being early.We are already in the poorhouse.But if you continue to be patient,and look at what we have, I think it will be well worth the wait.

To: Constance K. Landis who wrote (477)	11/6/1997 6:43:00 PM
From: Jay Morrison	Respond to of 665

Constance wrote: <<The earlier discussion about a "pipeline" brings to mind the quip that "A bird in hand is worth 2 in the bush". Too often this company in it's PR and forward statements touts the vaporish gleam of potentials rather than stating facts.>> Constance, Pipeline has been acurately stated in the past, we simply didn't view it how management meant us to. We viewed the pipeline as growing, but revenue for the overall company staying flat. Pipeline only refers to US sales, and they have been converting about 10% of the pipeline each quarter for US sales. I have followed this for the past year and have checked up on this statement of theirs. It was true. US sales have been about 10% of the pipeline each quarter. For example, last quarter the pipeline was $71 million and US sales were $6.5 million. This quarter the pipeline is currently $81 million and their current estimated revenue is about $8 million. Even if Dorotech does only about $3.5 million, overall sales will be $11.5 million. US sales are growing at a good rate, but the picture is clouded for most since they are looking at overall revenue. It was difficult for me to make this transition also, but it makes sense. Jay

To: Constance K. Landis who wrote (477)	11/6/1997 6:50:00 PM
From: Jay Morrison	Respond to of 665

<<Again, now this year we are hearing talk about new "potential customers" with a World wide presence (mentioned were Avon, Lucent,and DEC)>> They are not potential customers, those are all current customers who have had 1View for small amounts, but have recently expanded their licenses to greatly increase usage of the software. <<As for this stock "exploding out of the blocks" I must remind my studied co-sufferers that many more stocks fail at this stage in comparison to those that succeed. The proof is in the pudding. Without a real advanced customer base and associated sales this stock will only provide a short run to the poorhouse.>> You might be right about that. But this should not be a core holding for anyone. This is a speculation stock and I am speculating that it will go to $7-9 per share by next summer. By current valuation methods, it should be a $6 stock right now. If you look at other companies in the same field and doing the same sort of business, it should be a $6 stock. The problem is that they have a lot of baggage. The market will not provide a growth premium until they prove the growth. It is difficult to see the growth with the French subsidiary. I understand that much better now. If it hurts so much to own this stock, you should consider selling now and take the tax loss. Jay