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As an employee, I'm sure he was required to do things that may have gone against his better judgement. If you choose to belittle him on those grounds, it would appear that the problem you perceive doesn't lie with Manny.
Although I never met Manny face-to-face, I know him to be a stand-up guy, a conscientious amd hard worker, a great Dad to his somewhat challenged daughter, and someone I'd be proud to have as a next door neighbor.
What most people fail to realize is how close the original company came to really making a go of it by providing services to a major NYC based online brokerage firm. Manny was instrumental in furthering the development of that relationship. The failure to close on it (..and another major opportunity with a Midwestern utility company..) rested squarely with the HQ in CA. Especially as that situation was effected by bad and intentionally destructive advice given to the CEO by those closest to him; totally apart from the SEC debacle(s).
John 
Hi Dave,
I haven't kept up with all the perturbations and migrations of eConnect since the major meltdown. The remnants, however, are currently trading as ENCI: http://www.investorshub.com/boards/board.asp?board_id=2313
I completely lost touch with Manny, who was one of the nicer people I've ever 'not met' - virtual organizations and all that. I just hope he didn't end up taking it on the chin.
Fortunately, he had teaching credentials in NY in addition to his market expertise. So, I presume he's managed to stay afloat - hopefully even improve his situation.
Later,
John
No, it didn't!
Now, it's Complete
Deleted
By Aristo!
Just Say No!
I believe I mentioned that I don't follow the issue anymore.
The VISA/MASTERCARD problems might open a window of opportunity for alternate efforts in this market.
Chris Jensen is apparently running the show, according to the public information, so Tom's status may be irrelevent.
Have a nice day.
John
Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!
Hmmmmmmmmmmmmmmm..........
Their website is offline tonight.
Not a real good sign.
.
Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!
One would presume that ECNT is paying attention and working this issue....
********************
Thousands of Sealed Documents Released in VisaCheck/MasterMoney Antitrust Case
FROM PR NEWSWIRE WASHINGTON DC 202-347-5155
TO NATIONAL, BUSINESS AND LEGAL AFFAIRS EDITORS:
Thousands of Sealed Documents Released in VisaCheck/MasterMoney
Antitrust Case
Statement from Merchants' Counsel
NEW YORK, Nov. 14 /PRNewswire-FirstCall/ -- The release of thousands of
sealed documents in the VisaCheck/MasterMoney antitrust litigation is a
significant development that clearly shows that Visa and MasterCard's conduct
has violated U.S. antitrust law.
"The only substantial dispute now is what relief the court is likely to
ultimately award against Visa and MasterCard," said Lloyd Constantine, lead
counsel for the merchants, and a principle in the New York firm of Constantine
& Partners. "These documents are compelling evidence of how Visa and
MasterCard violated U.S. antitrust law by attempting to monopolize the debit
transaction market and forcing merchants, through tying of products, to accept
offline debit transactions. Those offline debit transactions are slower, less
safe and cost merchants and their customers much more than online PIN debit,
cash or checks."
The documents were released in United States District Court in Brooklyn,
New York. A trial is set for April 2003 before Judge John Gleeson. This
litigation involves a certified class of more than five million merchants
against Visa U.S.A., Inc. and MasterCard International, Inc.
"The merchants are seeking damages to compensate them for being forced to
accept more than $1 trillion in slow, fraud-prone, inferior offline signature
debit transactions at anticompetitively high and fixed prices during the last
decade," said Constantine.
The lawsuit, filed in October 1996, by Sears Roebuck, Safeway, Circuit
City, Wal-Mart, The Limited, three trade associations -- the National Retail
Federation, the International Mass Retail Association and the Food Marketing
Institute -- and 13 other large and small retailers, charges Visa and
MasterCard with violating U.S. antitrust law.
"This is an important case because it will change the debit card business
and the retail industry for the better. When the merchants win this case,
consumers will have the full opportunity to benefit from faster, safer,
cheaper online PIN debit transactions that allow them cash-back privileges,"
said Constantine.
Many of the key legal issues have already been decided against Visa and
MasterCard in another antitrust case, which was won by the U.S. Government in
October of 2001. A federal court found that Visa and MasterCard engaged in
unfair competition in the credit and debit card markets. In that case, the
U.S. received all documents, depositions and the analysis of Visa and
MasterCard's conduct compiled by the merchants in their case, which was filed
two years before the U.S. case.
Many of the antitrust issues are the same in both cases, and, under the
legal principle of collateral estoppel, the decisions in the already-decided
U.S. case will likely be applied in the merchants' case.
Make Your Opinion Count - Click Here
http://tbutton.prnewswire.com/prn/11690X83668851
SOURCE Constantine & Partners
/CONTACT: Libby Holman, +1-202-778-1028, or B. Jay Cooper,+1-202-778-1039, both
for Constantine & Partners/
Nov-14-2002 15:14 GMT
Source PRN PR Newswire
Categories:
NWR/NY NWI/FIN NWS/LAW MST/R/US/NY MST/I/BNK MST/S/LWS
Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!
Sounds like a plan, Mang.....
There are a lot of good micro-Techies and micro-Bios out there that should do very well as the economy sorts itself out.
Especially when the NY Slime's headlines are soon to read somethig like..: "....Senior Iraqi Republican Guard General blows Saddass Hussein's brains all over Mosque wall - Unconditionally surrenders country to hovering Apache attack helicopters....". News at 11:00.............
Heck, even this piece of flotsam didn't do too bad today..: +47%
There's a real good chance BMKS could truck next week. And, GMED got word from the SEC that they are "GO" for OTCBB quotation now.
With a little luck, Hillary will get run over by a NYC garbage truck, and Retchup Gepfart will fall down a well.....
Life is "...GOoooooooooooooooooooooooood..."!! Have a nice weekend.
John
Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!
R7,
That's the way I felt about GPXM, which was the '..chunker..' that put the Head Yoyo behind Future Super Stocks (..aka: Guaranteed Super P&D Slugs..) in the slammer in Illinois. But, that chunk of flotsam did a Phoenix act and hit $0.40 during the recent "..gold.." thing.
Everything has value if someone can manage to locate the proper application for it. I.e.: a junk car is a junk car until someone turns it into reinforcing rods and builds a new bridge out of it.
I don't think I'd buy any of this even with Casino money, but I wouldn't crap-can any shares I had laying around - since it doesn't cost anything to keep them in the Tomorrow File.
O/T: Just in case you or anyone else wants a shot to recoup a little bit, you might want to snag a little BMKS - which has been pretty dormant until a just few days ago. They're suppose to report Black Ink operations, etc., next week according to the rumors.
Good luck.
John
Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!
midas,
Personally, I could care less - and no, I don't read all that filing horsecrap re: ECNT. Eventually, some second-tier effort from a company in China or Africa, etc., may make the B-E-O eCash process work. Most of the potential USA opportunities have passed ECNT by during the protracted stock-fiddling follies.
I met Rex once, and he seems like a rather decent sort. As with any business, there are people who perform necessary and normal business fuctions who are not any way connected with the decision making or policy making efforts. Rex seems to do his job in a pleasant, proficient, professional manner, and is a rather personable guy to talk to.
I've never met Manny in person, but he is the consummate gentleman/professional over the phone and goes out of his way to do what ever is requested to assist others. If and/or when I ever have need of a person with public relations and/or corporate communications skills, I'd hire Manny in a NY minute.
If eConnect ever manages to make a success out of itself, regardless of who the String-Puller Extroadinaire of the week is, it will take working staff like Rex, Manny, etc. to make it happen. Wouldn't make any difference if a company is doing eCash whatever or selling eggs, you have to have good staff to turn the crank - and they obviously have nothing to do with management level Furuk-ups.
Case in point, blaming the Chief Gardener at White House for SchmidtStick Willy's dalliances with Monica, makes about as much sense as taking out one's "...ECNT whining factor..." on Rex, Manny, the bookkeeper or the receptionist.
But, as usual, weak minds and Demoncrats always need a crutch for their structurally and functionally unsound positions.
Regards,
John
Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!
Dear Rectal Orifice,
No, I don't happen to know who Chris Jensen is personally. The first I heard of him was in the PR the company recently released. So, now I am as equally well-informed as you seem to '..think..' you are; which is probably what produced the acrid ordor of scorched plastic that's wafting about.
The only liar around here is you, who hides behind silly-arse initials (..apparently ashamed of your own name..), spouting groundless innuendo like that stupid Bash-(W)itch, mmmary. It's really a pretty pathetic attempt to impart your ignorance to whatever Clintonesque gaggle of honkers you are ineptly trying to impress.
There are a few decent people I knew at eConnect years back, like Rex and Manny, who IMHO are deserving of return on their honest investment of time and effort - should the company finally manage to square itself away. That option, as opposed to seeing the entire technology go to waste, seems reasonable to me. USA exports are also a good thing, but it's unlikely that you could get a grip on that concept either.
Perhaps you, Slick Willy, Gepfart and your idols at Southpark have a alternate view of life and business. It obviously takes all kinds, aye. There are those who can - and do; then there's your category of space-maintainers whom Lee Iaccoca defined as a third categroy.
Have a nice day.
John
Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!
Dear Rectal Orifice,
It would be somewhat difficult to be an "..insider.." to an organization with whom I have no relationship; don't you think.
If anybody is "..pumping.." anything around here it's obviously you; and directly related to your mini-microbanana or your self-inflatible ego.
I'm not sure where Chris Jensen came from, who he is, or whether he's worth a bloody schmidt - time will tell. It would be nice to see some productive use be made of the basic technology, since it was good enough to receive a US utilization patent and seems to have its greatest value as an export product.
Since you obviously have nothing of any value to offer, you're welcome to go back into terminal "...bitch & bellyache mode..."; while you're also busy making yourself go blind.
Have a nice day.
John
Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!
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