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Technology Stocks : Number Nine Visual Technology -- Ignore unavailable to you. Want to Upgrade?

To: JR2 who wrote (835)	2/21/1998 8:28:00 AM
From: CharlesRiver	Read Replies (3) \| Respond to of 1183

The first sign of a comeback for Nine will be when the CEO is gone and is replaced by a professional manager. He needs to be gone because he's lost $30MM over the last two years. He needs to be gone because he's lost $250MM in shareholder equity. He needs to be gone because he hasn't delivered on any of his product promises. The Board of Directors at Nine owes every investor an answer as to why this person, who has personally crippled this once fine company, is still running it. Anybody notice that the "next" Imagine is always the one that'll solve the company's problems. The "next " one will be the one with the right performance at the right price. Not. Please. I listened to that conference call and was embarrassed for the CEO. STB is trading so strongly because they "get it". Period. They understand that quality and cost are the important attributes for the OEMs. STB owns their own production facilities. They control their costs. Anybody notice where PC prices are going? Down. That means what? That component prices need to go where? Down. Has Nine addressed this? No. "The CEO starts speaking frankly" Huh, did I miss something? He's just understanding margin pressure now? After $30MM in losses over two years? "Not taking shit from every CEO wannabe." That's interesting. Unfortunately, the CEO as Number Nine has been exposed as a "CEO neverwas". That's why people have lost so much money and the company is in ruins.