To: VIXandMore who wrote (1811 ) 4/22/1999 2:14:00 PM From: Greenie Read Replies (1) | Respond to
Bill: That is the most frustrating issue for me. I'm not ashamed to admit that I'm dissapointed by the price of the stock in consideration of the accomplishments the company recently made. Furthermore, I firmly expected a higher amount of buying due to the exposure of Supervision. I have been driving myself nuts the last few weeks trying to figure out why we finally got the contract, finally got on TV, but the price did not react as strongly as I anticipated. I don't have an answer. I think some, but not all, of the blame can be put on the MMs. We traded Millions of shares but they kept us to the 1.02 mark and would not budge. I think this created a domino effect of investors saying to themselves, hell it's not moving, I'll get out and put my money in another stock that will move. Etc..... Although I am a supporter of mngmt and applaude them for the accomplishments they have made, particularly in light of the limited resources they have had, I wish they could have "hyped" their contracts and accomplishments a bit more. i.e. Tennis and a bigger splash for baseball. On their side of the arguement, they are spending their time and resources doing business and deals that they believe will ultimately produce the earnings that will itself create the exposure that will drive the price up. In otherwords, they feel, I believe, that taking care of business will in the long run pay bigger dividends then a short run hype now. I know this is tough for us sharholders (believe me I know how tough it is) to accept because we are sitting here watching the price drop and thinking, "hell, we got the deal, we are on TV, the price is dropping, what will make it go up?" Again, I have no real answer other then my belief that time is on our side. I am not ready to pass judgment on the effect of TV exposure yet, because we are still only in a few markets. Once we are plugged in and working in most or all markets, if the price does not react favorably then, then I will take it like a man and admit that I bet on the exposure to drive the price, but I was wrong. I'm also still holding out hope that other revenue generating deals are on the way. So in the end, yes, I for one expected more from the contract and the TV exposure. And, yes, I'm dissapointed with todays prices. But I am a true believer in this company. I'm trying not to watch the price day to day, hour to hour, minute to minute (yea, right) because I'm going out of my mind with frustration. However, I'm not giving up, and I remain committed to the cause and confident that those I've entrusted my future to will not let us down.
