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Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?


To: Fate who wrote (5312)3/6/1999 9:20:00 PM
From: CAYMAN  Respond to of 6467
 
EVERYONE WANTS TO GO TO HEAVEN BUT NOBODY WANTS TO DIE

by: TTRIF_Needs_Reform
(47/M/Marlborough, MA)
Yahoo Message #25246 of 25247

You like the idea that we have become the largest stockholder, you begin to ponder what we can accomplish when we become the majority voice. How do you think we came to this position? We pointed out how self-indulgent and inconsiderate the management has been and then gave shareholders an alternative. I wish I could just ask for support but unfortunately it is not that simple. I spend an exorbitant amount of time gathering information for my posts using double and triple sources. The posts are accurate. There has been no character assassination, if anything it would have to be considered suicide. The time and effort expended has been arduous and I would gladly accept anybody who could take over garnering shares and organizing, even for a week. If you have an alternate approach that could get results, I will defer to you, call me. I do not see how we can pretend everything is right for the benefit of the new investors and then tell them to join us. Stockholders have a right to be aware of the present management's activities and organizing is in the best interest of the company and investors.

Kim
odcom@earthlink.net

Posted: Mar 6 1999 7:54PM EST as a reply to: Msg 25237 by pvan11




To: Fate who wrote (5312)3/9/1999 6:42:00 PM
From: CAYMAN  Respond to of 6467
 
WITH SINCERE REGRETS I ANNOUNCE THE DEATH OF A MEMBER.

by: TTRIF_Needs_Reform
(47/M/Marlborough, MA)
Yahoo Message #25317 of 25332

The quantity of stock pledged by the gentleman is immaterial. More eloquent people than I will present eulogies as others have written books about this man's life. If to understand America you must understand baseball, to understand baseball you must re-visit the glory years of the '50, and in that era few names stand like that of Joe Dimaggio's who died Monday at his home in Florida.

Kim
Odcom@earthlink.net

Posted: Mar 9 1999 11:49AM EST as a reply to:
Yahoo Msg 25316 by Peterluke_99





To: Fate who wrote (5312)3/14/1999 3:14:00 PM
From: CAYMAN  Read Replies (1) | Respond to of 6467
 
A LOOK INTO THE FUTURE OF TT

by: clshults

Yahoo Message #25458 of 25463

I'm sitting here watching a late winter blizzard and pondering the future for TT. Two themes keep recurring to me. The first is if by some fluke TT morphed into a viable company, despite Rene's best efforts, could he possibly be the person that could lead the company to success. Secondly, given Rene's past actions is his moral discretion strong enough to justify a leadership role.

On the first point, history demonstrates convincingly that the man has evolved into the antithesis of viability. His drive may have contributed to the development of the technology, but his moral shortcomings have overpowered his strengths. History is replete with the stories of men who bulled their way to the top and almost inevitably their hubris brought him and his minions crashing to disaster. I think Inpector Harry Callahan said it best when in "Dirty Harry" he said, "A man has to know his limitations." Rene's inability to produce concrete results has turned his performance's into a Carnack like farce. He holds the hermetically sealed envelope to his turbaned forehead and spews out an answer not knowing what the question is. Unfortunately, for the shareholders, the answers aren't even funny. This is all an ongoing attempt to satiate our desire for some shred of good news, without addressing the question of viability. It also satisfies Rene's internal need to not recognize his limitations.

On the second point, I would define moral discretion as doing the right thing even when noone is looking. Obviously, this is function of one's character, beliefs and intelligence that just doesn't exist in Mr. Branconnier. How can one justify a moral debtor to conduct business on behalf of your company? He has chosen his course of action and like any immoral crusade it is headed for defeat.

After pondering these two questions I had to reflect back on my own experience to come to a conclusion. In 1991 I co-founded a database management company. Since then we have grown to the point that we will go public this coming May. We have always run the company on a upfront, honest and conservative basis. Goals were set and met. It didn't matter if the goal was revenue, employee retention, product development or shareholder return. Our job was to perform the job at hand and not sell futures.

When we were approached about the possiblity of an IPO I listened and concluded that the task was beyond my abilities. I resigned my office in favor a stronger, more skillful leader. Without exception every group connected to our company has benefitted from that decision.

The results of these basic principles applied in a business setting were success and viability. It is no coincidence that TT finds itself in just the opposite situation. It is the result of conscious decisions made at the top to exceed their talent level and not own up to the consequences of such action.

Therefore, I have two choices, one to sell my position or to throw whatever weight I represent to changing the situation. I would urge you to support Kim's attempt to solidify the shareholders of TT into a unified and cohesive force to remove the likes of Mr. Branconnier. To sellout would transform me into an ostrich, with my head in the sand and knowing that good people are going to be adversely impacted by my willingness to do nothing.

Thanks for your time spent reading this post.