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Current group: comp.bbs.misc
ITS, Inc. for Sale - Reply to Skidder von Cleese - TURNKEY
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 | | From: | Estate of Eric Langjahr | | Subject: | ITS, Inc. for Sale - Reply to Skidder von Cleese - TURNKEY | | Date: | 12 Nov 2004 12:47:51 -0800 |
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 | The Estate of Eric Langjahr just recently became aware of the post by Skidder von Cleese dated 9/12-13/04, in reply to the Estate's post dated 8/31/04. Potential purchasers of Eric's stock should know that the Estate STANDS BEHIND EVERY WORD of its original post.
Mr. von Cleese, holding himself out in his post as agent on behalf of ITS and Michael Pizzolla, tried to sabotage my brother's estate's ability to sell Eric's stock for fair value. Mr. von Cleese did that by actively spreading false and misleading legal, technical and other information, at my late brother's expense.
As a result, my brother's estate is duty-bound a) to try to mitigate the damages caused by Mr. von Cleese and b) to set the record straight in DEFENSE against Mr. Von Cleese's ATTACKS on my brother's legal interests. For those reasons, the Estate will try to correct Mr. von Cleese's misleading descriptions of the applicable law and facts.
Mr. von Cleese's post contended, rather fantastically, that ITS is not a largely automated, turnkey business. Mr. von Cleese also misspeaks aspects of ITS's technical project requirements. The Estate disagrees with Mr. von Cleese. Further, based on his words in the past, so does Michael Pizzolla.
According to Eric, no one at ITS (besides him) possessed any programming skills.
If, as therefore appears to be the case, Mr. von Cleese is not a professional programmer with substantial experience programming commercial-quality software systems, Mr. von Cleese is not qualified to comment on anyone's programming skills or the technical skillsets required for any proposed project.
But, in contrast to what Mr. von Cleese said in his post, in the past, Eric's little sister has herself, personally spec'd out, designed AND developed commercial-quality, object-oriented, multi-tiered, SQL-compliant, database-driven, commercial software applications which were successfully sold to businesses by software development and software consulting companies. Further, I have been a paid, professional developer-consultant on object-oriented, database-driven, commercial software systems in legitimate high tech cities.
Like my big brother, I have diverse interests. And Eric and I had many, many long conversations about programming theory and practice. So, contrary to Mr. von Cleese's post, a little Langjahr Family consulting may actually go quite a long way - IF desired by the buyers of Eric's stock.
If, as Mr. von Cleese contends, ITS is not a largely automated, turnkey business, then, since Eric's death, would Mr. von Cleese have us believe that ITS sends employees out to observe every race at every track, to manually collect information about all of those races; to manually document all of that information; to manually code all of that information; to manually index all of that information; to manually store all of that information; to manually retrieve all of that information; to manually deliver all of that information to every customer on demand; to manually display (and re-display, ad infinitum) all of that information for each and every customer, in any desired format, at will; to manually bill each customer for that information; to manually track each customer's account, etc.? Surely not.
Mr. von Cleese should take a look at the legend at the bottom of the ITS website:
"Handicapper's Daily®, the original online form, was formerly known as the Handicappers Daily Racing Form and the Electronic Daily Racing Form. ITS, Inc. is an Authorized Dealer of Equibase Company. The Thoroughbred Industry's Official Database of Racing Information."
Online … Electronic … Database … Racing Information. Since the beginning of ITS, day in and day out, my brother's software has collected raw horse-racing data from the source; processed the data into meaningful information; indexed and stored the data in a database for on-demand retrieval; output the data into a file on demand; uploaded the file to a server; enabled the file to be downloaded by ITS customers; then displayed (and re-displayed, ad infinitum) the data on customers' computers, in the user's choice of user-friendly formats that help customers do their handicapping.
Eric's software still does all of that today, without any significant manual labor. The Estate thinks it's fair to call that automation. That automation generates the core of ITS' revenues. Other software of my brother's, called infrastructure, automates various internal business processes of ITS for the various phases of managing customer accounts. So, yes, of course, the bulk of ITS' revenues are generated via a mostly AUTOMATED operation that is virtually TURNKEY!
The one thing that Mr. von Cleese and I can agree on is that my brother was truly in a technical class by himself and made an irreplaceable contribution to ITS - and the world. But, truthfully, Eric was grossly under-challenged by his technical work at ITS for a very, very long time. He continued to do all the boring technical work himself solely to increase ITS' profits.
No one could ever replace Eric - but someone will eventually have to succeed Eric - IF ITS ever wants to have any new or improved products or infrastructure. If it does, the Estate agrees that, FROM THE COMPANY'S STANDPOINT, a programmer would be the optimal successor to Eric's stock, because only a programmer could enhance and extend the code base that Eric built.
But that is strictly optional. For the PASSIVE investor, ITS continues to generate substantial revenues from its pre-existing products and infrastructure. All the passive investor must do is deposit the checks. That's pretty turnkey.
For the more active investor, a successor programmer needn't be anywhere near Eric's programming league to do the work that may, by ITS's choice, lie ahead. Any professional programmer today with solid, quality experience should be versed in object-oriented programming. As long as he is hard-working and motivated, like Eric, and blessed with the good health that my brother was not, there is no reason why Eric's work at ITS may not be carried on by newcomers.
In fact, from the time that Eric entered the hospital until a few days after Eric's death, Michael Pizzolla repeatedly informed my family how he had told Eric time and again that Mr. Pizzolla was willing to go out and hire someone off the street to do the programming work Eric was too sick to do. So, unlike Mr. von Cleese, the current operator of ITS obviously didn't think it would be difficult at all for someone to replace Eric as programmer at ITS.
Further, from the time that Eric entered the hospital until a few days after Eric's death, Mr. Pizzolla also repeatedly told my family that Mr. Pizzolla's marketing strategies were the primary reason for ITS's success. So, contrary to Mr. von Cleese's post, the words of the current operator of ITS confirm that, at least for the buyer of Eric's stock, ITS is indeed a turnkey operation.
DISCLAIMER: THE REPRESENTATIVES OF THE ESTATE OF ERIC LANGJAHR DO NOT WARRANT OR GUARANTEE ANY CLAIMS MADE BY THE CURRENT OPERATOR OF ITS AND ANY RELIANCE ON SAME IS AT YOUR OWN RISK.
It will be a while before it is seen whether a court will judicially award the other alleged shareholder of ITS any stock in the company. But the Estate has all the legally valid proof it could want that Eric owned AT LEAST fifty percent of ITS.
As a matter of law, company control follows ownership, not the object of Mr. von Cleese's loyalty or Mr. von Cleese's assessment of ITS personnel. Is it possible that Mr. von Cleese doth protest too much?
Contrary to what Mr. von Cleese said in his post, I KNOW in my heart that my big brother is applauding his biological family's defense of his interests - against people, like Mr. von Cleese, who appear to have turned so quickly on his memory.
This reply to Mr. von Cleese is posted on behalf of Eric's father, Charles Langjahr, in his capacity as co-administrator of Eric's estate.
Janet Langjahr, as agent on behalf of Charles Langjahr, Co-Administrator, Estate of Eric Langjahr
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