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To: REW who wrote (29870)6/2/1999 3:46:00 PM
From: Phxphenom  Respond to of 44908
 
Thanks for relaying the info Bob.....Good to see some direct communication FINALLY coming from our management.



To: REW who wrote (29870)6/3/1999 10:21:00 AM
From: Dave Gore  Respond to of 44908
 
** I just picked up 12,000 more shares. I rarely average down, but Conference Calls often reassure shareholders and that is exactly what is needed here. I will pick up significantly more if it goes down a little further as well. Just nibble here and there and wait.

It is the wise companies who make the hard decision to re-focus. Several companies, like APPLE COMPUTER, who I work for, had to do that. So did IBM a few years ago and Compaq, Eastman Kodak, etc, etc, etc.

You often become stronger because of it, because you now know what does not work, so you eliminate strategic guesswork.

I agree 100% with the latest move. The margins and opportunities inherent in the MyMusic Card deserve the prime focus, imo.

All I look for now is for them to execute, and since contracts are already in hand that certainly helps.

I am more of a realist and optimist than some. In short, I look at the situation like this. The company is beyond the phase now of guessing what might be the right path. They tried something really ambitious and it became obvious it may not work. Instead of wasting any more time and money, they decided to scale back and focus on core value. Works for me.

Good luck all.