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Technology Stocks : Systemsoft Inc. (SYSF) -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (2599)11/25/1997 12:06:00 AM
From: Jimbo Cobb  Read Replies (4) | Respond to of 3529
 
John:

I won't disagree with the previous post, but I think COST has been a big factor...I think you would have seen Gateway on board long ago if SYSF would have offered them the product for 1/2 to 1/3 of what SYSF wanted per PC....Of course, you can move most any product if you give it away, and Angelo has been very blunt in saying this product will save OEM's big bucks and he will not give it away to them !!!!!

Whether they will eventually pay his price, pay a reduced price, go elsewhere, or develop their own software is the $64,000 question.

However, top executives didn't mind hyping the heck out of this stock and pocketing multi-millions of dollars on the ride up as they proclaimed SystemWizard would be an industry standard within a year or so and their royalties would be flooding in faster than they could count them.

I am extremely surprised there has been no shareholder lawsuit against this company yet (that I'm aware of, at least). If they come with more bad news tomorrow, the lawsuits could start piling up in a hurry.

The CEO has just made so many statements that never came true, I wonder if the institutions will ever touch these damaged goods again.

Mark.