Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cayenne Software (CAYN) -- Ignore unavailable to you. Want to Upgrade?

To: Jay Hartzok who wrote (1085)	10/2/1998 2:07:00 AM
From: Mark Bracey	Read Replies (1) \| Respond to of 1096

I feel your pain. I have about 1700 shares I got through working for Cadre. I should have cashed out long ago. Stock certificate is in my garage somewhere. I was fired from Cadre, came from Northwest Instruments/Microcase (I admit it). Open disdain for the CASE marketplace probably was my downfall. Didn't believe in it then (at least the way they did it) and still don't. Their marketing guy at the time (came from HP). Complete idiot. His idea of forward thinking was to see what the competition would do, and then try to duplicate it. D-ohh!

To: Jay Hartzok who wrote (1085)	10/2/1998 2:56:00 AM
From: May Lee	Read Replies (1) \| Respond to of 1096

Jay, I feel very fishy about this company now after you said that someone in CAYN called you after your post mentioning that you did not receive a proxy. But how did they get your phone number ? I have posted on Yahoo regarding us old shareholders (the ones have owned CAYN before this rip-off-buy-out plan's announcement ) being badly cheated by this unscrupulous management and the vulture Sterling Software. I never believed that they have sent out any proxy. I surely have not received mine. Although I have made up my mind that I'll vote "No", I know it is a losing battle. I feel this stocks has been manipulated after the announcement. Who set this price of 3/16 or 7/32 ? According to the news release, the stockholders supposed to get 3/8 for a share if CAYN did not squander more money by borrowing from Sterling before the deal closed. So why is it selling at 3/16 or 7/32. Day after day, thousands of shares changed hands at this price. Now, I would not be surprised that majority of the shareholders have their cost at 3/16 and 7/32. They will be gladly vote "yes" just to get 1/4 or 5/16. There is big profit to them if there is enough money left for each share to get the maximum of 3/8 per share. I will not be surprised that Sterling is buying at 7/32. Who set this price. I feel a class action suit is in order. Something unethical has happened.