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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (10034)	3/24/1998 6:51:00 PM
From: Rob Cook	Respond to of 14631

...There was a genuine ambition in the Illustra product/people that you dont see as much of anymore in the industry, and I would have liked to see them do well for their efforts... Yes - this was, hands down, the most amazing team of people I've ever worked with, and many of them got screwed by the fall in stock value. I made some lucky guesses and sold high, many others believed the BS coming from informix and lost big, big $ on paper. C

To: Lizzie Tudor who wrote (10034)	3/24/1998 7:18:00 PM
From: Marq Spencer	Read Replies (3) \| Respond to of 14631

It is interesting that people are saying that Illustra people were ripped off - let me just point out a couple of things: 1. Their collective stake is still over $120MM, even at today's prices. For a company with less than 10MM in revenues, 5MM in losses, and an unproven product, that is pretty good. 2. These guys didn't have to shell out money from their pockets to buy the shares like many of the investors. Some of their paper-profits have vanished, but they haven't had out-of-pocket losses like many others have. - Brian