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Microcap & Penny Stocks : STREAMLOGIC CORP (STLC)- This stock is going to fly! -- Ignore unavailable to you. Want to Upgrade?


To: John Goodman who wrote (2520)1/10/1998 11:53:00 AM
From: Roads End  Respond to of 2840
 
To all

Still here and holding all my shares. Some of which now qualify for long term status. One year ago Stream gave its last conference call. Cash flow positive by years end, new War Hammer line, plenty of cash in the bank, most debt eliminated through conversion, what a picture painted by management. Was that management team being honest? I'm no longer sure of what they were thinking at that time. It was only a month and a half later when they were replaced by the current group. Between the months of Sept. 96 and April 97 some very questionable behind the scenes manipulations were made. None of which are reported in the bankruptcy court. I don't know if there is really anything left to fight for in the way of a going concern (has anyone seen a new hammer product or even news pertaining to one?). I do know that there should be a flood of legal monkey wrenches thrown at this proceeding if for no other reason that to satisfy ourselves that we have done all we could do. There are a ton of issues to be raised but it takes the green grease and know how we don't have because management is using it for themselves. If enough legal filings are made (my wish for 1998) perhaps these crooks will end up with the same thing we are being offered.

Take care all, it seems like I've made some friends on this thread so maybe we could have an alumni thread after this is all done with. Best for '98.

Steve Riechers



To: John Goodman who wrote (2520)1/11/1998 12:39:00 PM
From: Bruce Cullen  Read Replies (1) | Respond to of 2840
 
John what do you mean?

Bruce Cullen:

Some day I would like to know who these guys are that the Stream boys pissed off.
Sounds like the type you don't want visiting you late at night. If they are, maybe they
could hold a special meeting with Stream management to represent the
shareholders. I'm sure Stream management would listen to them if they asked real
nice.

John