Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : TSIM (Thinking Tools Inc.) -- Ignore unavailable to you. Want to Upgrade?

To: Jan Halper who wrote (119)	3/31/1998 10:17:00 PM
From: ThirdEye	Read Replies (1) \| Respond to of 163

Correct me if I'm wrong here but I am under the impression that the company has 90 days to file Q4 and FY audited statements. If that's the case, they're late.

To: Jan Halper who wrote (119)	3/31/1998 10:17:00 PM
From: JMarcus	Respond to of 163

In response to some e-mail questions that I had sent to the company, I was invited to phone and speak directly to Fred Knoll, the chairman of TSIM. He was eager to speak to me as a stockholder and I am sure he would be equally willing to speak to any of you. He may be reached at 212-808-7474. Fred confirmed that insiders own roughly 70% of TSIM's stock. Counting his warrants, his own personal holdings approach 50%. He advised that he has not been trading any shares of TSIM: his holdings have been essentially the same since the beginning. TSIM has been pursuing three main channels of distribution for its Think 2000 product. (1) distribution agreements with large integrators (over the next few months he hopes that TSIM will have entered into joint ventures with a significant number of large integrators); (2) the legal community (many of the forums at which TSIM is presenting are being hosted by law firms pitching the need to demonstrate due diligence in preparing for the Y2K crisis in order better to defend lawsuits if/when the crisis arrives) and (3) some very large companies (he said that there was a recent Bloomberg article on this topic, and he would neither confirm nor deny what was said in the article). Fred believes that (a) the emerging climate of concern to protect companies and their boards of directors from Y2K liability to customers and stockholders and (b) the time crunch that forces companies to do triage in managing the Y2K problem fit very well with the marketing of Think 2000, which is designed to assist managers in allocating scarce resources to the most critical challenges and in documenting that decision making process. Think 2000 is just the first main product launch by TSIM. Although TSIM's managers have been fully consumed with the effort of marketing the Think 2000 product since its launch in September, TSIM's R&D group of roughly a dozen engineers has been busy working to develop new products using TSIM's agent-based adaptive simulation technology. He was of course not at liberty to say when we might expect an announcement of the next new product. He was disappointed to hear my personal lament about being discouraged from attending the stockholders meeting last Fall. I had been told by some staff member that the meeting would be a proforma election of directors etc. and that there would be no informational presentation or demonstration of the Think 2000 product. He said that I bad been misinformed and that a short presentation and demonstration had been provided for the three non-insider stockholders who showed up. TSIM's quarterly earnings are being filed after close of business tonight. I haven't seen them yet but will look for them in the morning. JMarcus