Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : MYT - Mytec Technologies -- Ignore unavailable to you. Want to Upgrade?

To: oss who wrote (701)	11/13/1997 9:44:00 AM
From: antonio doria	Read Replies (2) \| Respond to of 1535

Hi Kevin, My experience with Tom Grecco has been that he has answered my email "by return". Current arrangements are that all contacts should be addressed to Brenda, officially in charge of Investors Relations. We should realize that it is the CEO "primary" responsibility to "run" the business with the cooperation of his associates, experts in the various fields. The CEO shall directly interact with the shareholders via Conference Calls and Releases from time to time, depending on situations and developments. If the CEO spends his time answering shareholders email, who "the hell" is going to bring MYT to success? Who is going to make it happen? Contrary to what we were told in the past, MYT did not have have the managerial talent to successfully develop the business. I am of the opinion that only Tom can now bring MYT to success. If we use his time in banalities, he will not be able to perform, and we shall be the first ones to suffer. Let's not forget that Tom has stock "options"; but ... we have already paid "cash" for our shares. If things do not work out, Tom will not make a profit; but ... we shall completely lose our investments! My advise is to address all questions via Brenda, and to leave Tom "in peace" to work on the business. MYT is at a very critical moment, and we can not screw it: there will not be a new chance! I am sure you will agree with my advise and feel less frustrated if you do not receive an answer from Tom. He is working at developing the business "in your interest". I agree with you that the MYT site should be kept "current" and updated frequently. I am confident Brenda will take care of that. Given the new focus identified by the CEO, it is my opinion that MYT business will develop via alliances with major Companies, rather than via marketing/sales on the internet. I see the bulk of the MYT business coming from the "business to business" market, rather than from the "business to consumer", for now. Hope this post will serve the purpose it intends to serve. Good luck and ... share the good news, when you have them. Do you have any idea when the Quarterly results will be announced? I have the feeling that they may be below last year, and further depress the stock price. I sincerely hope to be wrong! Few months after the Research Report from the Bank Analyst it appears that maybe he was not totally wrong with his conclusions. Time has proved, to me at least, that MYT share price was "pushed" to over 10 so that the "insiders" could make some good money, at the expense of the genuine investors like ourselves who were left "holding the bag". Look forward to hearing soon from you and others who want to positively contribute to this thread.