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Technology Stocks : TEAL -- Ignore unavailable to you. Want to Upgrade?


To: Pierre who wrote (66)12/1/1997 9:09:00 PM
From: Tom Hua  Respond to of 160
 
May explain TriTeal's new emphasis on WinTed.

Pierre, yes indeed. WinTed will be the main bread winner for TriTeal in the future but in the meantime, the TED family of products will carry the load. The market that TED targets will be around for at least 5 years. And don't forget SoftNC. Hey, this company has excellent products in niche markets. Need better execution though.

Regards,

Tom



To: Pierre who wrote (66)12/1/1997 10:26:00 PM
From: Tom Hua  Respond to of 160
 
Short interest from Jan to Oct 97. First number is # of shares shorted, second number is average daily trading volume, third number is ratio of first to second.

10/97
2,125
294,058
0.01



09/97
9,198
91,618
0.10

08/97
7,589
73,715
0.10

07/97
22,186
74,283
0.30

06/97
16,446
125,800
0.13

05/97
48,561
80,984
0.60

04/97
132,337
162,918
0.81

03/97
131,516
205,036
0.64

02/97
132,740
27,801
4.77

01/97
107,317
32,368
3.32



To: Pierre who wrote (66)12/5/1997 4:27:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 160
 
I was surprised that WS reacts negatively to the changes announced today. The departure of Thomas and White, IMO, is good for the company going forward, given the mess it is in. Three guys (Witous, Thomas and White are co-founders) trying to run a small company can be counterproductive. Ego always gets in the way. If Witous is a smart guy, he now has complete control of the company and can focus his attention on turing it around.

I'll call the company to get more information on the indirect distribution model.

The anticipated loss for Q3 should not be a surprise. However, the magnitude of the loss may be higher than the consensus (0.28) because there will be one-time charges related to personnel reduction.

I have witnessed a few companies in similar situation to TEAL. If one looks beyond a period of panic and turmoil, the stock will eventually trade above its cash level. With the new cost reduction and resources conservation plan announced today, I hope the company's cash cushion will be eroded at a slower rate. As of Sep. 30, cash stood at $3/share.

As TEAL's products are considered "excellent", and have received rave reviews from trade magazines, the chance for a turn around may not be so tough after the internal cancerous tumors have been removed (at least that's what I hope).

Regards,

Tom



To: Pierre who wrote (66)12/7/1997 10:15:00 PM
From: Tom Hua  Respond to of 160
 
In the first week that WinTed 2.1 has been posted on its Web site, TriTeal said 250 different companies downloaded the product for evaluation.

Pierre,

WinTED 2.1 was released on Nov. 12. By Nov. 19, which is the date of the article containing the excerpt above, 250 companies have downloaded the product for evaluation. Although I don't think we'll see a lot of orders for WinTED 2.1 this quarter, and it probably won't contribute significant revenue for a few quarters, 250 companies downloaded it in one week is a big deal, IMO. If only the company can generate enough awareness, I think WinTED will sell itself. Cost per seat is only $99 retail.

Regards,

Tom