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Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?

To: battle beast who wrote (1470)	4/8/1998 8:45:00 PM
From: John Chatterton	Read Replies (1) \| Respond to of 2018

It's not the company's fault that the stock doesn't grow to the sky. And it gives us long-time believers more chances to buy. (It's probably a better buy now than when I first started buying it, three years ago at 12-1/2!). So hang in there and wait for the market to catch up -- it will!

To: battle beast who wrote (1470)	4/8/1998 9:19:00 PM
From: Paul Loucks	Read Replies (1) \| Respond to of 2018

Defending Fred I too have been very frustrated by the lack of movement in the stock price. But, we must remember that Mr. Sorkin and the other senior executives at Hummingbird have many more shares and options than we do (too many options but that is for a different discussion). They are suffering along with us and with greater dollars on the line. Your post commented that he has done a good job at executing the business plan, growing the company, and generating lots of profit. This is a great start and let's be happy we don't have to complain about his fundamental handling of the company. I, for one, have several stocks in my portfolio that have profitability/growth problems. I would suggest that you not complain about the stock price and focus on approaches to improvement. Over the past couple of years, HUM has tried analyst road-shows, a new responsive IR department, acquisitions, etc. HUM has several approaches, which may or may not be effective: 1) embark on a serious stock buy-back plan (2-3M shares) - they can not do this until May (due to Andyne transaction) and if they try this they can't perform a "pooling of interest" transaction for another two years. 2) make a lot of small acquisitions using cash (did one today). 3) make a huge acquisition (combination cash and stock; but good companies seem expensive in today's marketplace - can't think of a good one that has a lower PE then HUM). 4) work harder at getting institutional sponsorship. 5) try to squeeze out the shorts. 6) Openly state that HUM is interested in being acquired. 7) Hire a flamboyant President and let Fred be the CEO or COO. I welcome any other ideas. At this stage, I think Fred will listen to rational ideas as well. I am certain that Fred would love to see the stock price in the $70's Canadian. Paul