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Microcap & Penny Stocks : CCEE Breaking Out -- Ignore unavailable to you. Want to Upgrade?

To: Stan Price who wrote (9381)	3/4/1998 8:08:00 PM
From: Parker Benchley	Read Replies (1) \| Respond to of 12454

Stan, Thanks for doing that. Well I feel better now. How do you feel? Your friend in Minnesota..... George

To: Stan Price who wrote (9381)	3/4/1998 8:49:00 PM
From: Sam Mak	Read Replies (2) \| Respond to of 12454

It ought to be a crime for those insiders to reprice the exercise price of their stock options downward. Stock options are generally considered an incentive to do a good job, to own a piece of the company and reap the reward along with other shareholders when the company is doing well, and on the flip side, suffer along with other shareholders when the company does poorly. Why should anyone care enough about the company's well being and put forth the effort needed to grow the company when the stock options they got are all reward and no risk? I have been long since the first trading day of 1997, didn't sell when it topped $1, and just last month averaged down. The sequentially improving quarterly report in 1996 and the y2k software lured me into it. I did not average down all of last year because of the exploding number of shares outstanding throughout 1997. I had been visiting this thread several times every month, but have posted only once or twice early last year. BTW, I voted "against" every item except the auditor question, though it didn't seem to matter. Sam

To: Stan Price who wrote (9381)	3/5/1998 12:42:00 AM
From: Lee Kennedy	Respond to of 12454

Stan, Thanks so much for posting that information. Last weekend I was working on Softworks' revenues trying to breakout quarter-to-quarter revenues over the past few years. I don't know if you've ever tried to do that, but I found it to be an impossible task. I was able to decipher year end totals which I am posting. The problem is that Softworks' revenues have consistently been phrased as increases over previous periods rather that set amounts.The only reason I can see for the smoke screen is that Softworks' revenues are such a large percentage of total revenue that it is an embarrassment to the higher-ups to record exact amounts. Softworks (acquired 9/93) -------CCC Total Revenues -----------------Total Revenues 1993 2,530,000-----------------1993 3,360,000 1994 9,449,000-----------------1994 13,695,000 1995 11,626,000----------------1995 16,302,000 1996 16,525,000----------------1996 19,030,000 Lee P.S. As I was reviewing the financials for this information, I remember seeing Gary Kolesar's compensation figures for 1992, 1993, 1994 when he was CFO, if anyone is interested.