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

To: Gutterball who wrote (377)	11/18/1998 2:14:00 PM
From: Marty Lee	Read Replies (1) \| Respond to of 468

Thanx Dan.... If only we had more answers to our questions... I've been attempting to contact the company. The cash thing bothers me... as it should. We might all have a better grip on what's going on. Both Mr. CEO Horton and his Wonderboy Mr. Marketeer Hinds could be issuing some simple and informative statements for the benefit of investors. We are a publicly traded company; they've been too quite as of late. What's the big "personal challenge" for Mr. Hinds coming on board as chairman of sales, etc? How does he expect Racom to fare in our competitive industry? We've got only 21 employees. If we're growing, we should be adding on more... Is Racom just some mom and pop burger joint in a land of McDonalds and Burger Kings? How is Racom differentiating itself from the rest of the pack right NOW? How difficult is it to procure clients and maintain customer satisfaction and loyalty? Just what and who recommends Racom as a smart card solutions provider to others? What has transpired with those aforementioned beta projects? WHAT'S OUR DYNAMO! We're a publicly traded company that swaps less than 10,000 shares a day on average. Apparently no one within the company is concerned about attracting new investors. Call the company. Nobody is home. All I get is voice mail. Great! Sigh, Marty

To: Gutterball who wrote (377)	11/25/1998 5:13:00 PM
From: Marty Lee	Read Replies (1) \| Respond to of 468

To Dan and all.. Had a couple telephone conversations with Art Francis. Expressed the opinion that with all the transitions RCOM's been through it doesn't belong a public company anymore and would be better off private. RCOM needs cash badly. However, the company is really just a few people with limited resources and limited exposure in its industry group. RCOM has some potential to be at the head of its class down the road. Nevertheless, right now RCOM has no special status. RCOM trades so thinly it will have to get funding from private placements, etc. If it survives as a viable business venture for Art and company, fine. If, as an investor, you buy RCOM stock now at about .50 a share and 4 years from now RCOM is 50 bucks a share - with a lion's market share of the economic activity of designers listed in the Smart Card Forum club smartcardforum.org - you'll be quite fortunate. Amities, Marty