To: C who wrote (7398 ) 8/1/1998 10:35:00 PM From: Mr. Cellophane Man Read Replies (3) | Respond to of 19331
Clamenza (and Lou and James) -- Thanks for your notes and impressions from the meeting -- very informative. However, did anybody (like maybe Dan Murphy) mention answering the list of questions Jewel sent to him last weekend -- intentionally a few days in advance of the meeting? I never saw the final, consolidated list but think it primarily consisted of questions from Jewel, George E., and me (most if not all can be found on posts from the three of us a little over a week ago). Many of the questions dealt with topics that have been discussed since the meeting such types and capacities and locations of switches, where and by whom is Cyberfax and DataWave hardware manufactured, what discriminator does Cyberfax offer that other IP Fax offerings don't, etc. Aside from technical questions, some of the questions got into more sensitive areas, like (to paraphrase a question from George) why does DCI management think the CC people are so angry with us to make them want to cause us the grief they've been so successfully causing for so long now. If the questions weren't mentioned, I think we should re-request the answers from Dan. If and when we get them, they should be posted for all to see because I think they covered a lot of important ground. TIA, Dan Note: JHA asked the thread yesterday for ideas on how we might be able to proactively address the CC overhang so it doesn't continue to cause us grief on a regular basis. So far, I don't think many (any) ideas have been offered in response to his (very reasonable) request. But since it came out of the meeting that we still have buyback money available, maybe we should be offering the CC people more than $.70/share to buy them back (the number our "Watch My Fingers" guy told us several months ago they'd been offered (and offended by)). I'm not a financial type but on the surface it seems offering a more realistic price (like maybe 2 * .70 = $1.40 -- a number in the same ballpark they've been selling tons of shares for) might solve multiple problems -- puts more shares back in our coffers and rids us of a seemingly unending problem that keeps our price down and our shareholders frustrated.