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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! -- Ignore unavailable to you. Want to Upgrade?


To: Niels Larsen who wrote (27041)1/9/1998 1:49:00 AM
From: Niels Larsen  Read Replies (1) | Respond to of 33268
 
When you go to the shareholder meeting, please dont be pacified by
for-the-occasion news and expectations. Might vote for Jack Lynch,
who wants to make Race more sales oriented. It is time to make the
salaries of management dependent on how well the company (=the stock)
is doing. Look into licensing deals. Find out what the engineers have
been doing the last 10 months. Sell the company if there is no clear
plans of how to make it profitable this year. I dont know if Lynch
will be able to make a difference. If you dont know Lynch, he uses
Be There, owns a good amount of stock, and knows the telecom needs
of many companies from own experience. The mistakes that were made
wont be repeated by current management, but new non-technical ones
will be made unless better people are found. George Bennett may be
one, dunno. If Race gets on track, then I think Barker should become
CTO as soon as a CEO replacement can be found who knows better what
will sell and how to do just that. Until then it will probably
cause too much interruption.