bgodot@wixer.UUCP (Buck Godot) (06/04/91)
The following letter recently appeared in Sour Graoes Magazette, an
Austin, Texas publication. It points some very barbed accusations at
Pencom. It also includes an intimidating carbon copy list.
----------------------------------------------------------------------
John F. Akers, CEO
IBM
Old Orchard Rd.
Armonk, NY 10504
Dear Mr. Akers:
I am writing this in order to warn you. Pencom has deceived
IBM, the Austin Technology Incubator, and a number of other high-tech
companies.
Two principal staff members of Pencom Systems, Inc. are
operating under dual identities. Edward Taylor, a vice-president of
Pencom Systems, also goes by the name of Edward C. Ateyeh. Thomas
Morgan, a manger (sic) of technical research for Pencom Systems, also
goes by the name of Thomas Pallister.
There is also the matter of the possibility of insider trading.
Pencom employs Clinton R. Tomlinson as a recruiter. He is also a
securities dealer licensed with First American National Securities.
Sincerely,
Simon Templar
cc:
Jerry Carlson, Austin Site Manager
Jim P. Manzi, Lotus Development Corporation
Bruce Walker, Lotus Computing Corporation
Steven Jobs, NeXT Computer
Securities and Exchange Commission
Internal Revenue Service
Travis County Judge Bill Aleshire
Polemicist
Sour Grapes Magazette
Austin American-Statesman
Austin Chronicle
Dallas Morning News
The Houston Post
The New York Times
Barron's
Wall Street Journal
KTBC
KXAN
KVUE
Time
Newsweek
Business Week
Forbes
John Dvorak, PC Magazine
NeXTWorld
-------------------------------------------------------------------
Has anyone heard of these people or the securities company? Does
anyone know how to prove or disprove these accusations? Any
opinions?
...!cs.utexas.edu!helps!wixer!bgodotRobin D. Wilson (06/04/91)
In article <9106032341.AA00612@wixer> bgodot@wixer.UUCP (Buck Godot) writes: > > The following letter recently appeared in Sour Graoes Magazette, an > Austin, Texas publication. It points some very barbed accusations at > Pencom. It also includes an intimidating carbon copy list. > > ---------------------------------------------------------------------- > > John F. Akers, CEO > IBM > Old Orchard Rd. > Armonk, NY 10504 > > Dear Mr. Akers: > I am writing this in order to warn you. Pencom has deceived > IBM, the Austin Technology Incubator, and a number of other high-tech > companies. > Two principal staff members of Pencom Systems, Inc. are > operating under dual identities. Edward Taylor, a vice-president of > Pencom Systems, also goes by the name of Edward C. Ateyeh. Thomas > Morgan, a manger (sic) of technical research for Pencom Systems, also > goes by the name of Thomas Pallister. So what does this prove? Lots of "recruiters" go by psuedonyms. I just don't see that this is a problem. > There is also the matter of the possibility of insider trading. > Pencom employs Clinton R. Tomlinson as a recruiter. He is also a > securities dealer licensed with First American National Securities. Just because he has a license (which is not really proved here), he must be insider trading; right? Get real.. having a license and insider trading are a far ways apart. > > Has anyone heard of these people or the securities company? Does > anyone know how to prove or disprove these accusations? Any > opinions? Ed, Tom and Clint both work here, but the information provided by this letter is somewhat "sketchy" don't you think? It seems that someone had a "burr" under their saddle, but they were too afraid to come out and say what was really bothering them. Just out of curosity, was their a date on the letter? "Something about: ...if it floats like a duck, it's made of wood, if its made of wood, it burns, if it burns, its a witch... from Monty Python." +-----------------------------------------------------------------------------+ |The views expressed herein, are the sole responsibility of the typist at hand| +-----------------------------------------------------------------------------+ |UUCP: pensoft!robin | |USNail: 701 Canyon Bend Dr. | | Pflugerville, TX 78660 | | Home: (512)251-6889 Work: (512)343-1111 | +-----------------------------------------------------------------------------+
rbraun@spdcc.COM (Rich Braun) (06/07/91)
I'd be interested in hearing more from the Pencom people (and perhaps others with opinions) as to who they are and what their company does. Pencom is the driving force behind a national AIX users group which held its founding meetings in several cities last month. At the Boston meeting, my skepticism about a profit motive seemed to have been unfounded; the whole organization came across as legit, and is legitimately looking for people to serve on its board and help run the operation as a non-profit corporation. Pencom's advance publicity paid off: about 100 people showed up for the meeting. But if Pencom is in fact somehow not playing above-board, then I'd like to know too. Clearly the company has a vested interest in the success of AIX. -rich