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Technology Stocks : VocalTec (VOCL) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Lotozo who wrote (1500)	6/6/1998 1:03:00 AM
From: Ariella	Read Replies (1) \| Respond to of 2349

Bill, does this crosslink to a release from RSLCF and Delta Three have competitive bearing on VOCLF? Message 4748486 Thanks, Ariella

To: Bill Lotozo who wrote (1500)	6/6/1998 12:14:00 PM
From: Don Walster	Read Replies (1) \| Respond to of 2349

Hi Bill! Bill, I know you didn't say VocalTec was "an old, worn out, dying company." That post was a copy of one I made on Yahoo. I wasn't thinking of you when I said it. My comment was only intended to describe in colorful language the feelings of those who think that the ball game is over for VocalTec. If you were offended by my comment, please accept my apology. It was not intended for you. However, I note in your post to which I am responding that with reference to VocalTec you say, "they certainly are not a shining star anymore and any advantage they used to have ...... is long gone." In fairness, Bill, I think that is just another way of saying the same thing. Bill, I am not in love with VocalTec, and I certainly don't intend to be a cheer leader. I also own stock in two competing companies for which I think there will also be plenty of room. Much of what you say about VocalTec management is true. I think they have footballed the stock to the distinct disadvantage of the stockholders. It is also true that some of the strategic agreements they were trying to make when they were just getting started never materialized, Finland, New Zealand, Taiwan. But as they gained experience and matured they have succeeded in making other strategic agreements that may far outweigh the others. I also think they blew it when they got suckered into the Lan Times test. Gee Bill, I made mistake once! I was interested in a comment by Bill Gates that he never chastised one of his employees because of a failure. In his opinion the willingness to take chances is one of the ingredients of success. You say that I "seem to have stopped looking at the ticker tape." I think all of us keep any eye on that, but for some the ticker tape's fluctuations are not the determining factor. I hold onto VocalTec because of the confidence that has been expressed in VocalTec by those who have singled VocalTec out as a partner in strategic agreements that they continue to make. I think VocalTec management realizes they stuck their neck out when they told us in advance about what they were trying to do with Finland, New Zealand, and Taiwan. They no longer give us a clue as to any strategic agreements they are working on. Based on past experience, I am inclined to think there are many. I also value the opinion of Shlomi Cohen. His portfolio, which includes VocalTec has made over 44% so far this year. Shlomi is a personal friend of mine in whom I have great confidence. Bill, I don't think your posts have been inaccurate. You have expressed your own personal opinion which I will always respect. But Bill, even the experts disagree. You point out that I could have sold my shares at 33. I have no regrets. Since I can't due it all over again it would be futile for me to deal in hindsight. I have missed many opportunities, but I am not so sure that hanging onto VocalTec has been one of them. Thank you for your thoughtful letter with which much of I agree. Kindest regards, Don