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Biotech / Medical : Ergobilt (ERGB) - Ergonomic Chairs -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Seuss who wrote (866)	7/27/1998 12:43:00 PM
From: Scott D. Hakala	Read Replies (2) \| Respond to of 900

Dr. Suess, Actually, you were not right about most of your accusations and, on at least one issue, a judge has spoken and found that you were not right. The only thing you got right was the movement of the stock price. You were wrong on a number of counts, seriously wrong. You made accusations that were not true and are still not true. For example, based on the recent post by Tonto, you got the NPE litigation wrong and misstated the facts with regard to that litigation. Thus, in my eyes you were and still are discredited for posting up false and inflammatory accusations without sufficient evidence or support, (including a continuing set of false attacks directed at me and my character). That was why I started posting in the first place. I have met with teachers and students at Court reporting schools that will say and continue to say that the Foniks/Digitext method of transcription requires less capital expenditure on the part of students than many or all of the other alternatives, is more flexible for use in rapid text entry and transcription services, produces a greater level of accuracy by students in court reporting schools, increases transcription and text/data entry productivity, allows a greater proportion of students to pass court reporting tests sooner after they begin formal training, allows students to earn while they learn, and is potentially superior to the incumbent court reporting devices and methods. I have seen the Foniks device, predecessors to the current Foniks device, and compared it with the alternatives with my own eyes, while you have not. There are independent tests to verify some of these claims. Further, you had, based on your location, credentials and experience, no ability to perform the kinds of due diligence you claimed. You were relying mainly on other parties for information and those parties had agendas. There was evidence to suggest that even when they had been right in the past with regard to a stock being overpriced, they often made accusations that were not true. The problems at ERGB were primarily caused by things that you didn't even identify in your posts. Frankly, your posts and Asensio's accusations were being used by competitors of Foniks and BodyBilt to discourage purchases by potential customers and, thus, contributed to the problems in the Fall of 1997 and through the current date. Despite that, both BodyBilt and Foniks sales were reasonably close to the original sales projections that had been made in the Spring of 1997. Think about the fact that you may have played some role in preventing or discouraging a school from adopting the Foniks unit or a customer from ordering BodyBilt chairs. In effect, you and some others got one and, admittedly, the most important prediction right, the movement of the stock price, but you and others failed to properly identify the ultimate causes of ERGB's problems and and made huge errors in your statements and accusations. Scott