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


To: Mark Brophy who wrote (3016)2/7/1998 5:25:00 PM
From: peter grossman  Read Replies (1) | Respond to of 3529
 
As a matter of fact, pressing calls worked out ok until yesterday. I rode the stock down from the 8s to the 5s without losing money.

I'm glad you reposted my thoughts of August, though I am familiar with some of your other self-serving, sophistic, sometimes personal and mean spirited posts.

As I said in August, I was never convinced that System Wizard would make any money in the short to intermediate term. I did, however, think that the possibility that it would on top of the growing system software business provided a good bet. One which I continued to hedge.

It is not the SystemWizard implementation cycle or short term (???) problems that surprise me. It is how devastated the core business is at this juncture.

If you can take the company at its word -- something that has worked inconsistently in the past -- than a tighter belt around a core business may yield break even business on lowered year over year revenues for at least two more quarters until/if actual meaningful SYSWIZ $ kick in.

In my view that assessment makes the stock worth somewhere near where it's trading. But now there won't even be any calls offered.



To: Mark Brophy who wrote (3016)2/8/1998 8:52:00 PM
From: voyager.ed  Read Replies (1) | Respond to of 3529
 
Mark,

I finally had enough and on Friday bailed out of SYSF. I have really enjoyed all your commentary and info on this thread, and 'liked' the people on this by and large as everyone was working to present views, and not crazy hyping and personal attacking others that I'm sorry to leave the SYSF fold, but I think the way they treat their shareholders is insulting. There is a saying ' that you can't do good business with bad people ' - I hope that the new COO can change my feeling on this. I expect to see SYSF in the 2's soon, before it may begin to regroup.

I wish you well on this and others - hopefully we'll chat again somewhere.

regards,

Ed