To: AriKirA who wrote (605 ) 6/16/1999 5:03:00 PM From: Crazy Canuck Read Replies (1) | Respond to of 1006
To all thread readers . . . Yesterday, I placed a telephone call to Lon Vining, VP Finance & CFO of Angoss. I had a few questions that I was looking for answers to. Here is a summary that includes my questions and the responses Mr. Vining provided to me. When will the Quarterly results be coming out? Before the end of July. Our Board of Directors may approve their release sooner, however that is when we have them planned for release.Will you be sending me printable copies of the Case Studies used at the AGM? (Note: I intend on posting them on SI for discussion) You can expect to receive them later today.Is Whitecross including the Knowledge Seeker 2.0 as part of their bundled software in their new servers? Whitecross has been provided with the latest version which we believe gives them the product they require. With the latest announcements of large corporations purchasing or forming alliances with smaller data mining companies, do you see a similar fate for Angoss? We are always looking for ways to distribute our products. Strategic alliances are very important in that regard, and we continue to address this important method of distribution. Are there any institutional investors holding shares in your company, or are there any analysts who will are initiating coverage? Not at this time.What is the status of the appeal against the court's judgement in Angoss's favour? There is no change at this present time. Their appeal is still scheduled for the fall. We do not expect the judgement to be overturned.Is your firm planning to retain either an in-house Investors' Relations person or an external PR firm to help communicate the progress Angoss is making? We have a diverse group of shareholders, and unfortunately, in the past, our efforts in this area were not what we considered as value added. We know it is a catch twenty two situation - do you issue an update when you really have nothing new to report, and then you lose the impact when you want to report good news? However, this issue is something that we discuss regularly within our management group.Why would an organization choose Angoss's products over some of your competitor's? If you judge our products against our competitors using three variables - Price, Performance, and Ease of Use, we will come out on top every time. We are significantly more reasonable in price than many of the other products out there. Ask our customers. Our products' price, performance, and ease of use is exceptional, and with the new releases it is getting better and better all the time.Why hasn't the Data Mining Industry taken off yet? It is starting to now. Our potential end users are beginning to appreciate the potential that Data Mining can offer them. The value that these products can offer an organization is staggering. When we started in this area, we were a few years ahead of our time. But now, due to the ongoing development work we have undertaken, we have a suite of products that are well positioned for the growing demand. Its coming, we can see it, but it has been slow. What is also important to note is that we are still technically ahead of the curve and in this market, that is strategically important.Note to the thread . . . Hopefully, this information will answer some of the questions that some of you have posted on the main thread or in Private Messages to me. I know that after talking with Mr. Vining, my belief in the long term potential of this company is as solid as ever. I look forward to posting the case studies as I believe that these will provide us with a good deal of material to discuss on this thread. I'll post the case studies soon! Crazy Canuk