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Technology Stocks : Racom Systems (RCOM) -- Ignore unavailable to you. Want to Upgrade?

To: David C. Burns who wrote (237)	8/10/1998 8:35:00 PM
From: Gutterball	Respond to of 468

I believe the company you are referring to is Pluto Technologies and an Art Rancis was employed there. Pluto Tech 01/31/97 plutotech.com Samsung 12/22/97 #reply-3024052 Based on the dates of these two articles, it could be the same Art. Guess we'll just have to wait and see who Racom announces as their CEO. Thanks for coming on-line and sharing your thoughts.

To: David C. Burns who wrote (237)	8/10/1998 8:55:00 PM
From: Marty Lee	Respond to of 468

Well, Well, Well... I spoke with a "company representative" today. I asked a simple question. How lucrative is the business of selling smart card technology? He /she couldn't answer that. In other words, it is probable that Racom could someday end up like Nimbus; (the largest independent maker of CD's and DVD's in the world) still going nowhere even with a DOMINANT MARKET SHARE. Sort of like making pencils and paper clips for a living. Racom has a new "wonderboy." Where is Warren Buffett's wisdom when we need it? The first responsibility of management is to the company's stockholders. Racom has a new "opportunist." Will he take care of himself first? Will his agenda diverge from that of the "stockholders." Is his "shaking of the foundations" telling us anything? Stupid questions, Marty

To: David C. Burns who wrote (237)	8/11/1998 12:43:00 AM
From: Gutterball	Respond to of 468

It appears your Art Rancis and Racom's Art Rancis are one in the same. Art worked first for Sony, then Pluto Technologies, and then Samsung. Here are the links. Links Sony-Samsung Art Rancis, ex-Sony, appointed vp, Samsung Product Innovation Labs... thunder.northernlight.com Links Sony-Pluto Art Rancis, vice president of marketing for Pluto Technologies of Boulder. Rancis formerly worked on DVD development at Sony. bcbr.com Well, Racom can hold the press on Art Rancis. We have established his background. I guess the only thing of interest will be whether he claims Pluto Technologies as a reference. While working at Samsung, he chose to reference Sony over Pluto Tech. On a more sinister note, there is a link between Stathakis and Rancis. Can anyone guess what it is? OK, to save time I'll tell you. "Rancis" is the heart of Franciscan, See... F-Rancis-can! Rancis is a Franciscan Brother. Now you know the rest of the story.

To: David C. Burns who wrote (237)	8/12/1998 3:38:00 PM
From: Gutterball	Respond to of 468

Appears your Art and Racom's Art are one and the same. Looks like your skiing buddy is coming back. How about it? I'm for giving Art a chance to prove himself. On paper, he seems a kick-ass kind of guy! At last we have a sense of direction. Art was chosen to "formulate and develop new product and partnership initiatives" and to "lead Racom in meeting aggressive goals". Mighty fine words, but as you so apply have stated, "Del dicho al hecho hay un gran trecho". With hiring Art, I'd say Racom wants the whole "enchilada". To do that, they'll need money; hence the proxy to increase authorized shares, etc. It is very important how Racom chooses to use these shares and their distribution will say much about Racom's technology and it future prospects. If Racom holds promise, it could get an equity placement from an alliance partner -- someone who not only is willing to invest in Racom but someone who could open doors for Racom sales in addition. There are a number of companies like this, I wouldn't rule out MOT, STM, HIT, BULL or HP to name a few. This would be the best case scenario for Racom and its wee investors. (Recall, Racom's last equity placement, or IPO, went for $4.75/shr plus warrant). I'm also wondering if Ramtron wouldn't be putting more money into Racom, just to maintain control. On second thought, the way Ramtron is going, Racom could buy Ramtron, kick a little butt and become the Mother of all FRAM. Now there is a thought worth entertaining. The next best thing, would be for Racom to go to some venture capitalist. Like El Dorado Ventures #reply-5443337. Recall, Hoyem, who headed VeriFone's efforts in Internet payments recently joined El Dorado Ventures #reply-5419378. He understands what Racom is about and since people generally draw on the past when building the future, this is a potential source of capital that can't be ruled out at this time. Of course, the worse case scenario would be to drop trou' for Capello and his cohorts. Anyway, Hinds has set forth a broad directive. I'd like to know more about those aggressive goals. I mean, if we don't know the goals, how will we know when we get there.