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Technology Stocks : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?


To: jim geis who wrote (1533)4/27/1998 5:38:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 2443
 
>>We firmly believe..a company's Web site..the most valuable asset it has

touche...and...qed.

Steve Harmon ref/ Mecklermedia (NASDAQ:MECK) created the now de facto 'street' 'internet stock index' ISDEX ...

Internet Stocks Morning Report internetnews.com

Yahoo! Internet Stock Index Morning Report isdex.yahoo.com

ISDEX fast.quote.com and isdex.yahoo.com

...a company's management team is either visionary and intuitively understands shareholder value creation/maximization [including basic business concepts e.g. the significance of the Internet] or....it doesn't and generally never will unless there simply is a change viz a viz a reorg, takeover...

source: history

...it should be noted that TMSR management has represented [to shareholder(s) in September 1997] that it would have a new website in October 1997, ~6 months ago, and appx. two months prior to its failed secondary offering, as a matter of record..it is our opinion that our warnings in May 1997 of the dark side implications of TMSRs staggered 'entrenched' Board of Directors would manifest itself in precisely this manner....there simply is no compelling reason to maximize non-insider shareholder value nor feel threatened of a shareholder [nor street] mandated reorg by Proxy given said entrenched [and controlling viz a viz >50% shares held] management and Board...hence... thrustmaster.com and sustained patterns/failures to create [non-insider] shareholder value...