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From: | "Osbert Sun" <osbert.sun@xtra.co.nz> |
Date: | Tue, 4 Apr 2000 14:02:18 +1200 |
James,
The share price of SPE suffered initially from the
continued delay in the company's e-commerce transformation and lack of
materialization of promises. The fall has been further accelerated by the
failure of SPE in obtaining the service of John O'Hara. Although in the latest
announcement the WEL deal was not mentioned, I would expect that the purchase of
WEL Technology by Spectrum has become as a sure thing as the appointment of John
O'Hara. Let's consider the current situation: John O'Hara will not be the CEO of
SPE; John O'Hara will continue to serve as the CEO of WEL Technology. So what
would be the future for WEL under SPE if John O'Hara will not be there to manage
it personally? Of course I could be wrong about all these.
Kind regards,
Osbert Sun
----- Original Message -----
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