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

To: margin_man who wrote (3008)	2/7/1998 1:37:00 PM
From: j.Michael O'Hara	Read Replies (1) \| Respond to of 3529

Not everybody jumped ship yesterday. But all the johnny-come-lately's did. I'd like to know more about the structure of UBS too. But for whatever its worth, keep in mind it's a l-o-n-g w-a-y to March... and most companies blow out news like Thursday's this far in advance to weed out the damage before something on the up-side is presented. There has been too much repositioning of strategies for the last few months, in new people and product marketing to "logically" think this advance report of Q4 is the status quo for the future. I think those that held... will be glad they did. But its hard not to run out of the theatre, when someone else is... and screaming "fire!" jMO

To: margin_man who wrote (3008)	2/7/1998 1:59:00 PM
From: J L Segal	Respond to of 3529

Patriot, My notes are a bit foggy on the USB transaction. SYSF said that the USB business was too costly and was diverting too much attention from their most promising SystemWizard sales. The delay in MSFT's developments caused the opportunity for the USB business to slide & (I think) they said that it was now only worth under $1MM (??). -Can someone else who listened to the conference call verify this? Anyway, it didn't sound like they were selling it to anyone else. 12-14 employees will be dedicated to the new USB co. More details will be ironed out & reported on March 2nd. JL