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BTW, don't overlook the fact that the original IPO at ~$11 included a
chunk of the Cruz boys' stock. They've already been to the bank.
Allan
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Robert W Cummings wrote:
>
>
> Besides miss spelling Omega by calling MOEGA I used the wrong terminology
> by saying Dtn was cut off by Omega. Here is the story as I know it, when
> DTN approached Omega Bill Crews demanded a royalty payment to access TS as
> he now receives from signal. DTN declined then struck a deal with Windows
> on WallStreet then after many complaints Crews came back to DTN. This time
> without the royalty deal then DTN refused him unless he provide the
> interconnect for DTN data and thats where it ended. I got this from a good
> friend thats inside Omega Company. As for the stock my negative comments
> were reflected because I felt like Omega didn't have their customers best
> interest in mind by not allowing DTN to feed data to TS. I had many
> telephone conversations with Omega and I emphasized that DTN had twice the
> speed at half the cost and common sense dictated that was to wide a spread
> for the market place. The spread would invite competition and would create
> a secondary market for used TS and hurt future sales. Not that they should
> listen to me that prompted such negative comments about the stock but there
> lack of concern about their present clientele. Bill Crews is a genius but I
> have seen companys with the attitude they were the only game in town
> before, remember Prodigy and IBM until it changed its ways. Bill Gates is
> also a genius at both technology and marketing, but mainly marketing. In my
> opinion Steve Jobs had the superior computer operating system in the
> beginning but Gates use his marketing skills just like he has on Netscape
> of late. But I do feel like the stock of Omega is over priced under current
> conditions concerning sales but will admit the internet and TS5 may change
> that. But again Bill Crews lacks marketing abilities and foresight
> concerning that market in my opinion and I feel because of that he will be
> to late when he finally does get TS5 out or get internet access.
>
> Robert
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