uWink Inc. (UWKI)

[the big guy]

true. good points. I have an image of an executive who is just generally full of sh__. All executives are full of sh__. It is a job requirement. The basic need to maintain a hopeful positive image in a short time frame. Usually 3 mo - 1 year. Enough time to at least plan a successful departure. One of my issues is the inability to create this false aura. At Nortel you had to be in a position for 2 years before you could move on. In that time, given software development cycles, you could pile up one massive load of crap before pronouncing success and moving on to the next plum job. Guys like me that really wanted to get something done had to do the cleaning up.

I was in a meeting once with an executive speaking. The Big Boss was in town. He compared him to a Parade Horse. He said, and I quote, "these guys are like Parade horses, they leave one massive load of cr__ behind them. And this guy ___ , he is one hell of a parade horse". <laughter> That was Baan and I am not kidding.

Yes Nolan is unique.

The companies I have worked at did not generally have a history of failed deals.. just the above. Just alot of talk. Successful talk as well.

In this business there are very few people who really make it big. It is really difficult as an investor to pick a winner. You really have to have your own beliefs. There is just too much crap, IMO.

But I was not there, you were, I cannot judge.