Okay,
Now we are getting somewhere here. (no time to spell check this)
The company gets hundreds of e-mails a day from all over the world. We got part of the e-mail list sent to us by mistake. I am sure that many THW shareholders and the curious may have received an e-mail that showed the whole list instead of just the one recipient.
Just today, I had to inform a friend that she sent out confidential information in an e-mail to one fo her clients and about 400 other people read it, including me, but it was not intended at all for the other 400 or me. Since I am not Maureen, she was somewhat shocked when I called her to inform her of the mistake. She did not obviously intend to give out here whole client e-mail list when she sent out the e-mail, but it happened just the same. This can be a real problem for her.
As for comparing this to THW, the THW list was a shareholder list or inquiry list, and the only thing that someone could do is try to steal them away from THW and put them into other stocks.
This happened at THW, because we informed them a month or so back and so did others. They are aware that it happened back then and have taken measures to correct it and I am sure it will never happen again. What others do with the list has nothing to do with THW.
I have been informed that THW does not use Microsoft Outlook anymore for their e-mail internally or externally and everyone knows that MS product has been known to have real problems in this area when sending out blind posts. They now use a Lotus notes or Domino system. But I haven't seen a TO ALL e-mail sent out by THW for some time. Probably because of the problem in the past and not until they fully test their new systems inhouse. It is quite impressive and I am sure it is far better now than when we visited them.
You said you bought shares at a higher price. So what? Many others have to and they don't complain. They play the market and adapt with it to gain an edge.
Post the price and the amount. THW will go higher than what you bought in at and you will get your 15% premium. If you wanted out sooner, you could have averaged down and then sold today at a profit. You will have your chance if the momentum from today and yesterday stays on track. We will see just how much you have to sell to us and the others. It will get bought by use or many others, but how we want to buy it and when is our choice. Many US buyers today.
Your not the reason why we are here. THW is. And if we have to buy you out, we will but you have to want to sell. We can stay in touch on this. That's the nice things about posts. For you to consider.
- Imagine buying Macromedia at $63 dollars USD in 1996. It's about $14 USD now. My industry friends bought it, but they don't complain. They knew the market risks. They have a very long way to go to even consider breaking even.
- Imagine buying Netscape at $147 or $170 and what is it at now? $26.
My friends bought it, but they don't complain. They knew the market risks. They have a very long way to go to even consider breaking even.
That's why my group gets into small caps that have considerable upside. The risks are easy to swallow if you have to swallow a loss. We got in early on Netscape and Macromedia and out at a very good profit. Some people wait to long and get in to late.
THW was at a higher price ($1.15 or $1.30 in January 1997) last year for a number of reasons. But it sure wasn't at that price because they were doing better or were worth more than they are today. It was a market condition. The company is ten times the company today.
Conservatively, we believe THW is worth at least 3 times more than what they were worth as a company back in January 1997, but the market conditions today are different than back in January 1997 and THW is traded on the ASE, not down here. And the price reflects the exchange that they are on and the market conditions.
Everyone who follows the market knows this. Where were you? Playing the trend and not buying into THW because of the promise and potential of the company? Ever heard of averaging down. If not, you are the only THW shareholder that I have heard of that missed out at 40 and 50 cents to average down. You could be sitting on a double today or even a triple if you played the market like a pro.
The whole market was higher in 1996 and 1997. Don't blame everything on a company because a market drops from an industry trend high which causes the company's valuation to drop with it when it corrects itself. At 65 to 80 cents, I have been impressed with THW and how well it has held up over the past 5 months in comparison to many other more mature stocks that have been hammered to 40% or even 30% or lower than the values from the 1997 range.
<<Post away. But we will stick to the facts about THW.>>
I'm going to, and at my convienence. I'll be asking such questions like:
What are the financial particulars of the Apple deal, and all the other deals THW has made with OEM's and vendors.?
Since the company has this information, I can only take a guess. THW probably gets a royalty of $4 to $5 per unit on WP2 and WP3 bundles from Apple. That is probably paid quarterly and Apple is now into full swing with the sales and doing 500% than last year and 200% than the summer when WP3 was introduced. So maybe this Apple deal will start showing a solid OEM payment for THW over the next year or two which should be payable every quarter. Phone THW and ask? I am sure they will take the time to answer.
This is the curious thing. The Internet comes along and nobody uses a phone anymore?
How many units has THW sold of the WebPainter 3.0 thus far? Therefore, what would it be reasonable to expect in the way of sales for the next quarter?
We don't have those numbers. Like I said, we are under an NDA, but I can say that they have done many things right. They have focused on brand first and OEM deals that help solidify that brand identity first before trying to sell individual boxes.
My guess is the WP3 box sales (Mac sales only) should be about 8 times or more than the boxed sales from WP2. That could be low. It has just started to sell just a few months ago, and my group doesn't expect sales to ramp up that quickly because Apple has only started to take off in the past 3 months. We look at future sales, not 3 or 5 month sales forecasts, but then our investment horizon and measuring stick is probably very different from your stick and horizon. It usually takes 4 or 5 months to get sales moving to a steady pace that builds and then the trend is to create more demand for volume to kick in. A company needs the proper systems in place to do this right. My last post talked about this, but far to many people pay enough attention to a companies fundamentals to see this or even care about it. They should if they plan to make the right picks.
A successful WP3 Windows product launch will help the sales volume increase and we heard it is back ordered already, which is a very good signal that the demand for WP3 for Windows is there and growing. We knew that THW would have to add more products and they have done the right thing and we are hearing that 2 Windows products will enter the next stage of beta this week or next. One of them is close to a box and the other will be released at Comdex.
The OEM deals are said to be in the $2 to $4 dollar USD per unit range. This is good, considering they have OEM bundles. Many small companies don't get the luxury of OEM bundles. Some pay less, some more and it is also a quaterly payment set up. Since this is dependant on the OEM partner and when their sales come in, THW has to be patient for the payback over time. many companies are doing better than earlier this year and far better than last year. We believe that THW will benefit from this.
How exactly is the loan structured with Columbia Diversified? Explain how it works?
What loan? How many tmes does the company have to explain this tax based deal with Columbia? They got $1.9 million CDN cash over 14 months with a $7 million note payable. The note gets payed on sales of the WP product and THW does collect interest on that note payable. So there is no loan here. They have a 50 year exclusive license on WebPainter and own all of the underlieing technology. They essentially sold one product's tax writeoff over a few years to Columbia to structure the deal. No equity given out to Columbia. Kind of like free money. We don't have that in California. Thus the smart moe for THW to add new products and make the acquisition.
Why isn't the information pertaining to the questions I've asked in the news releases on the THW website, or is it? (Its been awhile since I've checked)
THW puts out the the news. Not us. I read it the same day you read it. I wouldn't know when their next news comes out. What are you expecting here. If Apple doesn't want or THW doesn't want to disclose the dollars amounts of OEM deals in press releases that is their choice. Thus the conservative nature of THW's news releases. But I am sure they will tell you if you call and ask them directly.
Why does one need special software for downloading the company financials from the website? Why not put them out in a news release like the majority of other companies does?
Get used to it. Everything in the world including the software industry and financial world is moving to the Adobe Page Description format, or Adobe PDF. I hated it at first a few years back, but my company now lives by it, and we use it extensively for everything that we print or send to our customers. Do you think that THW is there to only cater to you or me? They are very forward thinking and I don't think it is too much for you to use a free reader software product to view the information. PDF is a standard now.
I'm sure I'll think of more as time goes by. You seem to have self-appointed yourself to be the SI equivalent of THW's PR so you can pretty much bet I'll be directing my questions to you.
I am not THW's PR and nor do I want to be, but they are far too conservative sometimes and I believe they should do more PR. But I am not running the Company. They are, so I have to get information out my way. They have gotten angry with me and today was one of those days.
What are they going to do? Fire me and my group. I don't work for them. I'm a shareholder and so are my executive friends and they can't really stop me from informing you, unless I violate the NDA, which we haven't.
You can, because you seem to imply you're so closely associated with the company, print out on this site the answers to questions as they arise and save a whole lot of people a dime.
-I take the time to understand the company. The phone bill alone is over $2,000 just on calls about THW. To the company, to others, the industry etc. We are in a different area I think and we have probably pt more resources into learning more because of the large stake that we are taking in THW. Some in now, and more planned.
<<If you can't clam your anger, we will buy any shares you own in THW to rid you of your problems and concerns. Just give us the word. Our wallets are open.>>
Well, aren't we one to talk. And would that offer apply to those who bought shares at a much higher price a year or so ago? Are we willing to buy them at the purchase price plus, say a 15% premium? If not then I guess we will probably pass on the offer.
You want your cake and then you want to eat it too. Why do you invest in the first place? It is always a risk. And you don't seem to know the market that well, because people that buy into companies liuke THW that believe, average down if they plan to stay in. And if not they cut their loss and get into something else. We deal in millions.
Simple as that. And most US buyers won't touch a CDN play unless it is $1.00 US or above. THW is a special situation.
Don't get so bent out of shape. I got mad last weekend and I apologized. Everyone has a way of taking posts the wrong way and face to face communications withthe body language is so much more understandable than text posts.
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