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j_t

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Alias Born 02/05/2008

j_t

Re: None

Monday, 02/11/2008 11:50:23 AM

Monday, February 11, 2008 11:50:23 AM

Post# of 62893
Two things:

1) If the former CEO/pres. is former, can we remove his picture and bio from this board? I mean no disrespect to him and his wife, but its seems more appropriate to highlight the current management.

2) As I said earlier, it is the new management that gives me pause over this company, and I know just a few things about him (maybe interesting/maybe totally old news): i) Media X is a real centre/program at Stanford and - having some experience working in the university world myself - you do need some credibility to be in an Executive Director position of such an organization (and it is Stanford, after all .. maybe not CalTech or MIT, but still ...).; ii) Chuck House has been Chairman of the Board of TII Networks for a few years, and he seems to have kept the company on track and reporting positive earnings for a few years; the stock dropped a little right after he took over in Dec. 2005, but it often seems to do that with a management change (just like INRA did in Dec. 2007 and that seemed to be a positive change); TII has fallen in value a little, but it is a tough market right now for tech. stocks, and network products/services is not the easiest market these days; iii) He took over leadership of the board of Applied Microsystems just before the company was liquidated; he was on the board for several years, but I think he was put in that position to handle the liquidation (although, I am not at all sure about that - perhaps his history there could be made a little clearer); iv) this is on top of experience at Intel and HP (he also just recently finished a very well reviewed book on his time at / the history of HP).

I have two points here: 1) This certainly does not seem like a "pump and dump" type of investor/CEO and it also seems unlikely that this is a "take and break" move ... there aren't really any assets to break up and sell off with this company (maybe patents??); and 2) if anyone (like SPIN) has any other info./research about this man, I would be interested.

Here are some links to Chuck House speaking at Stanford last summer: http://mediax.stanford.edu/conference_07/

jt
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