To: Jon who wrote (3187 ) 4/1/1998 10:43:00 PM From: D LEE Read Replies (3) | Respond to of 6464
Hi Jon. Some times in the posting rules a little piece of a person comes through. That is something to see. I only know 2 things about future competition for BAAT. 1)ZAPP is now selling initial public offering (IPO) stock. From the slow results, it seems to be overpriced. They have been working slowly and steadily on introducing their product to customers, and I don't feel they can harm BAAT's progress in any way for a good amount of time. 2)"Lee Iacocca" (former CEO of Chrysler Corp.) Said some weeks ago he wants to start an electronic bike company in a short number of months. "He would be one to watch" because he has quite a nasty and successful character. (one tough cuss who people follow like sheep! He lives close by, but in no way are there speaking terms.) The fortunate thing for BAAT is, news this past week says he will be CEO for a financially suffering restaurant chain called Kucaru. The stock shot up greatly in price just on the mention of his name. (He lives and breathes success) My guess is Kucaru may distract from his electric bike plans, but knowing of him, I don't know. When/if he starts, the bike company may be privately held for some time. He knows there is "big money" in it, but he will make it be known "The lions share will become under his control." That's the type of person he is. Every other word that comes out of his mouth is a 4 letter one. Nothing gets in his way. (My source is the wife of a former Ford Motor Company -Chief Advertising Executive who couldn't stand him at parties; but all were well aware of his "worth" in terms of CEO effectiveness.) If any person can be two CEOs at one time, despite his age, it's Lee Iacocca. Before he even starts. He will definitely be the one to watch. In his plans, he mentioned his intention to use batteries supplied by a company based in Troy, Michigan. That's in the "Motor Town Area" where his connections can be considered as endless. But for how, I am thinking about ice fishing.-g- Dave