To: Craig Stevenson who wrote (17735 ) 8/17/1998 2:08:00 PM From: Kelly Igou Read Replies (2) | Respond to of 29386
Craig, Steve Snyder, ANCR Management, Whoever: As yet another long-suffering ANCR shareholder, I can appreciate your comments. Perhaps someone can get ANCR to explain just what is their policy with respect to communications with shareholders. I do not expect ANCR to comment on any of the following due to competitive reasons: 1. Details of any marketing proposals on the table for any customer; 2. Identification of current OEM prospects; 3. Descriptions or status of current or future development projects. Therefore, ANCR is in a quandry with shareholders. It cannot talk about what's in the sales mix for fear of spooking a potential customer or bringing in even more competition, not to mention NDAs in place prior to a sale closing; It cannot talk about what's going on in development, for fear of giving a competitor a heads-up on where they're going; They won't want to talk specifically about plans for any new products for the same reason. So, what can they talk about, that a shareholder would care about? How about customer testimonials? Product evaluations, if not by a recognized Lab, then by a prospect? Plans to publish "expert" articles in trade pubs? Interoperability demos at major trade shows? Results of tests from the Interoperability Lab at UNH? Tell us something, ANCR... some of us can't justify holding on much longer without a defensable reason. And I do mean defensable, 'cause if this one doesn't move soon, my wife is gonna kill me... And another thing... if I were ANCR, I'd want the executive team to be spending most of it's time talking to analysts at major brokerages in order to sign up more market-makers, and to lobby for coverage. They probably don't have much of a revenue story to tell, but they've got to have something to say...perhaps the same thing they're telling potential customers.