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jmack3265

08/22/07 7:52 AM

#281 RE: walterc #280

walterc:

I assume you are commenting on Steve's/skidos post on Pannaway and the additional article I posted as a supplement. I understand your comments so please do not take my response in the wrong light or out of context because we all have one thing in common and that is to see TXP become successful and make money.

Honestly, I doubt there is a single "technocrat or any technical heroes" on the boards, and speaking for myself I come from a military background far removed from what TXP is doing. Many of us have been in TXP from the SMKT days and some view TXP as a trading opportunity and some view it as an investment. Either way is fine by me, however I view TXP as an investment and as in any investment I have, I have invested a great deal of time to try and understand the business, in order to justify holding a position. I can assure you that Steve also been around for a long time and has spent a great deal of time as well, as many others trying to get a handle on TXP. I can understand where some may find it difficult to appreciate or connect the links especially if new to TXP.

That being said and I am not trying to be cute in my response to your comments and would hope you will take it in that vein:

"Some of this articles are hard to swallow for me (and probably others) and I hope that they are not only meant for the happy few technocrats."

When you log on to IHUB TXP and view the preliminary information about TXP you see that Telstrat and Calix are TXP customers. Those articles are very relevant to TXP. By the way, Steve was instrumental in setting up the new format for TXP on IHUB and a great place to start due diligence for new investors.


"As a retired big firm accountant it strikes me that most of you are technical heroes , but do not really address this type of issues,although they may be equally important."

As a "retired big firm accountant" I am sure you had to do a great deal of verification and digging through the numbers. IMO, and at least for me, I am not comfortable with an investment unless I do a great deal of digging and try and at least acquire a fundamental understanding of the business and the players. I can assure you it has been a real struggle with the limited information available and taken considerable time and I am far from being any of techno-type person. It's all guess work and opinions! LOL I would also add as an investor my horizon may be further out.

"It is only when investors understand the business that they will invest. I sometimes do not see the connection."

My feeling is that new investors as well as the rest of us who have been in TXP for some time are all in the same boat as far as truly understanding the business and TXP's role and for a number of reasons. First, the whole industry is undergoing a major shift do to Convergence and the industry is repositioning itself. Part of which is consolidation through M&A and that is why those articles are relevant. Second, very little is being said because there is so much money at stake and suspect that no one company wants to tip there hand and also the fact that Channel Partners will be private labeling their equipment. Third, I believe that TXP is limited to what they can say under their own NDA's. How this all shakes out is any body's guess so in the mean time the only way I know how to get a semi grasp of the situation is constant due diligence and it requires a fair amount of time and certainly no guarantee's.

"With a majority of shares in one hand I wonder when the share price will get a normal behaviour with normal fluctations. In other words if all what looks promising here comes true ,what will happen to the share price , number of shares etcc..?"

Good question and wish I knew, but I would think it is better to have the majority of shares in Shores hands than a VC or a PIPE. I would not own TXP if I didn't think the share price was going to go up and appreciably in the not too distant future, but that is me and I am sure everyone else has their own opinion.