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Technology Stocks : CATP-The stock is taking off -- Ignore unavailable to you. Want to Upgrade?

To: John Ritter who wrote (557)	3/22/1999 12:36:00 PM
From: Rick	Read Replies (1) \| Respond to of 782

John - bought friday at 11 1/2, sold today at 11 15/16. was expecting a better bounce. thought that surely everyone would come to the conclusion that Sims is a crook, and not the right man to lead a company with lofty global ambitions....but I am beginning to question that conviction. My new thinking is that it may take more pain for people to realize the dire results of keeping such a man in a leadership position. In addition to all my previous perspective about the problems this man has created for CATP, here's one more thing to chew on: During the acquisition binge, clearly CATP was using it's known overvalued stock currency to acquire other companies. As I said at the time, these companies were not motivated by all the BS about Cambridge values, bla bla bla. They were quite simply motivated by selling their companies for far more than they were worth thanks to the CATP share overvaluation. It is likely that they put selling out at a high price above the fact that Sims is an unscrupulous carpetbagger. It is also likely that those folks sold out as soon as they could. Now that the whole pyramid scheme is unravelling, do you think Sims has the respect, credibility, and mandate to lead this mish mash of acquisitions ? I don't think so. In fact, I would love to hear the perspective of the Peter Chadwick folks (if any of you are out there, please comment). The Brits, being the practical and appropriately cynical business people they are probably were well aware that Sims was a snake oil salesman, probably sold all their shares and are now laughing their ivory white asses off on the other side of the Atlantic. Sorry Jim, didn't make our numbers - oh well, good thing we didn't hold onto those grossly overvalued shares you bought us with. Anyway, I am done thinking about CATP until there is some indication that the board and shareholders understand the real problem. Rick.