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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: Jim Rokosh who wrote (27071)	1/11/1998 5:21:00 PM
From: Jim Rokosh	Respond to of 33268

Sorry if this was already posted. RACE actually was mentioned in Investors Business Daily about 1 week ago. Unfortunately, the mention RACE received was being listed under IBD's listing of worst performing NASDAQ stocks of 1997. :(

To: Jim Rokosh who wrote (27071)	1/11/1998 7:30:00 PM
From: Kashish King	Read Replies (2) \| Respond to of 33268

RACE has experienced a 90% decline and it's not because people are too stupid to evaluate their products. Let's have a little honesty here instead of writing off critics as people who simply don't get it. Let's forget about RACE being a decade behind the technology curve and focus on the facts: they are gloating about the sale of a pilot installation following a six month begging and hand-holding period to some customer whose connection to RACE are anything but clear. How many pencils will that hard-won sale buy? Let's also consider the announcement that prices were cut by 40% because component costs dropped; not because there was a demand problem. The fact is, the parts probably cost less than 10 bucks and in the six months following that announcement, they racked up about a dozen sales. Keep in mind, they don't really know, they are guessing about a dozen and they don't want to say whether that was to one customer and one distributor. That is, they are being intentionally vague. The fact is, you have a company that tinkers with a few modems to come up with yet-another-proprietary solution based on ancient hardware designs and proprietary sphaghetti code. Let's be honest here, RACE is on a collision course with the retaining wall represented by modern technology and what is unfolding now, however weak, is nothing more than a pre-impact ejection strategy. Disclaimer: the preceding comments relate to the company, its products and services and should not be interpreted as a personal comment on those who, through no fault of their own, have been lured into the snare.