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

To: David R. Lehenky who wrote (2991)	2/6/1998 11:38:00 AM
From: rgrig	Respond to of 3529

Dave, I agree. One indication is the $12 to $14 mil pay off for royalties. Looks like they are cleaning their books to me.

To: David R. Lehenky who wrote (2991)	2/6/1998 11:44:00 AM
From: peter grossman	Read Replies (1) \| Respond to of 3529

"I don't think this quarter is a disaster for SYSF, as much as it is the beginning of a new, better managed and more focused, company." Let's hope it is the later, but under any possible interpretation, it is definitely the former. It may well be worse than a disaster. Until credible explanations are offered, and given management's history, one might be well advised to assume the worst. That is, past revenues have been booked overly optimistically (cooked) -- very possibly SysWiz revenue. And USB was sold because they need the money. The only "saving grace" is that the market cap was already miniature.

To: David R. Lehenky who wrote (2991)	2/6/1998 12:50:00 PM
From: Brendan W	Read Replies (1) \| Respond to of 3529

Why is this thing not down more than 60% on a more than 60% revenue shortfall? Isn't it accurate that SYSF's revenues are on a per PC basis? We know PC sales are strong, so doesn't this mean they lost major contracts which they don't acknowledge in their press release? Was their a conference call we don't know about? That's the only possible explanation for the gift of being able to sell at $3 1/2 instead of $2. Maybe this stock is dominated by individual investors and they don't recognize the scale of what's happened. No interest in SYSF (in every sense).