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Technology Stocks : Objective Systems Integrators - Check this one out! -- Ignore unavailable to you. Want to Upgrade?

To: Frank Angrisano who wrote (538)	11/21/1998 9:30:00 AM
From: Gary Wisdom	Respond to of 599

Frank, thanks for your comments. BTW, I was the one that asked them about selling. <ggg> FWIW, I sold all of my holdings after the meeting. I was not impressed with management. Here's why: 1. Their outlook for the future didn't show enough growth in the next year for me to believe that Wall Street will reward the company with a higher stock price. Revenue growth and income growth were relatively non-existent. 2. They have a major problem getting their message out. I was impressed this year with all their new partnerships/contracts, yet none of that seems to have been translated to the bottom line. 3. I was unimpressed with their knowledge of institutional ownership. They need to do a better job here. 4. JoAnne told me that they just completed two analysts' meetings. Yet, the stock does nothing. Tells me Wall Street just doesn't care. Basically, I believe that the company still is a buyout candidate and in 2-3 years could be a $20 stock. However, I can't wait that long. I am a trader by nature and see much better opportunities out there in the meantime. Good luck.

To: Frank Angrisano who wrote (538)	11/23/1998 11:46:00 AM
From: Bob Towery	Read Replies (2) \| Respond to of 599

Frank/Gary... I bought OSI three+ years ago, averaging $18. Sold most of my holdings at 12 and change a year ago or so. Since you two were commenting on feelings from the annual meeting, I thought I'd tell you mine, but not from this year's, the one two years ago (the stock was at around 18 or so at the time). I live in the area as I presume you do, and know several people at OSI. One of my neighbors (employee) did very well on their IPO. So I went to the meeting, and sat up front. This was when the ex-RBOC guy was President (I have mercifully forgotten his name). After the founders, Dick and Tom, were introduced, Dick came down and sat next to me. I have known two other centimillionaires, and know they are mostly regular guys. So I thought I'd at least say hello. We ended up having little talks throughout the meeting. He asked my about my business (software too) and so on. He told me alot about their strategy, and what his role had become. Since we were getting on so well, I decided to ask him the REAL question I wanted to ask: "how does it feel to wake up the morning after the IPO and be worth 400 million dollars?" [here's the punch line] He responded "not enough." He explained that their technology and company was so good that they should have gotten much more! While I certainly hope to be well off in my lifetime, I don't aspire to the Forbes 400 level. I felt that his response was pure hubris. As the stock price plummeted and the company continues to go in circles, I have often thought back to our conversation. Confidence is one thing, arrogance another. I don't think he'll be making it into the Forbes 400. Frank, based on your posts here you believe in the company. I for one am glad I am mostly out. I kept enough shares that when OSII hits $100 I'll have my money back! Best of luck in your investing. Bob.