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Technology Stocks : Quarterdeck: Making a Striking Comeback! -- Ignore unavailable to you. Want to Upgrade?


To: Ron logo who wrote (3155)9/13/1998 10:23:00 AM
From: DEER HUNTER  Read Replies (1) | Respond to of 3307
 
Ron...the stock has fallen to these levels because of fear.....fear....and more fear. Recent press releases have stated that sales are in a slump due to worldwide softness in pc help software sales. Then there is the reg S debentures still floating around. This stock in my opinion has been shorted to death. Read the following article again. These reg S securities are the kiss of death most of the time.

Message 4418578

Then there are the investors who state the company is closing down offices left and right and letting people go. These cost cutting measures were also hinted at in recent press releases. I do not have first hand knowledge of what these people are reporting but I have read about it enough to realize that it is probably true. I need to do some digging this next week. The following press release stated that the September quarter should see some improvements. Good luck.

Message 5000571

DH




To: Ron logo who wrote (3155)9/13/1998 3:41:00 PM
From: Lester Lee  Respond to of 3307
 
Is this stock heavily shorted? Of course, investors are staying away from it. It had a lot of disappointments ... earnings, sales, etc. It all boils down to management...they have to make adjustments...or are they doing it? Having their products well-rated doesn't help for now.



To: Ron logo who wrote (3155)9/14/1998 10:12:00 AM
From: E. Taylor  Read Replies (1) | Respond to of 3307
 
This is a good move for Quarterdeck. I also think she would make a great CEO if she gets the chance.

Quarterdeck Announces New Board Member
September 14, 1998 07:02 AM

MARINA DEL REY, Calif.--(BUSINESS WIRE)--Sept. 14, 1998-- Quarterdeck Corp. QDEK Monday announced that Joyce M. Wrenn, vice president of Information Technologies and CIO of Union Pacific Railroad (UPRR) has joined its board of directors.

At UPRR, she is responsible for establishing technical direction, strategy and providing overall telecommunications and information systems support including reducing UPRR's cost of PC ownership, network development, software development, Internet and intranet systems, client/servers, legacy systems and Year 2000 compliance.

Her extensive corporate experience in using and managing computer software and networks in large enterprises makes her uniquely qualified to assist Quarterdeck's new strategic penetration into the large corporate marketplace.

Her previous affiliations include:

-- V.P., Information Systems Technology at American Airlines where she was responsible for identifying, piloting and introducing emerging technologies, including a landmark desktop network, common tools and common access to legacy systems;

-- Sr. V.P., Data and Application Management at Bank of America where she established data management and decision support systems used for all internal decision making;

-- Director of PC Software Publishing at IBM Corp., responsible for developing its software strategies and direct line management of 150 software products including marketing, advertising, packaging, manufacturing and distribution for IBM's PC during its first three start-up years; and

-- Director of Information Systems at IBM's General Products Division covering coordination and direction of Information Systems.

"We are fortunate and happy to welcome Joyce Wrenn as a member of Quarterdeck's board of directors," said King R. Lee, interim CEO at Quarterdeck. "Her hands-on experience with network solutions for large corporations will be invaluable to our PC helpware strategy for the corporate marketplace."

"My experience with Quarterdeck goes back to my IBM days with Quarterdeck's pre-Windows multi-tasking program. They had then, and they have today, outstanding software. I look forward to helping Quarterdeck on issues of strategy, corporate governance, and product definition as well as its focus on the corporate market," said Wrenn.

Wrenn's significant board and committee affiliations include the Intel Board of Advisors, the Research Board, the Committee of 200, the Board of Policy Advisors for the University of Nebraska Omaha Institute of Information Science, Technology and Engineering, the Nebraska Governor's Information Technology Commission, Chairperson of Applied Information Technology Institute (AIM), and a member of CIO Magazine Editorial Advisory Board.