Re: Why Don't You Like DSC? (Addressed to those that don't.)

["Bob Worthy" <securinc@xxxxxxxxxxxxx>]

"Robert L. Bass" <robertlbass@xxxxxxxxxxx> wrote in message
news:a5udnT9LVO1hjRTfRVn-oA@xxxxxxxxxxxxxx
> > It was a company called Datavision, Inc.,
> > ... But again, for the application and what
> > they were accomplishing during that era,
> > it was State of the Art...
> >
> > ...by the time it ended, there were 17 offices
> > covering 39 states and I was VP of Operations.
>
> Were they bought out or did they just disappear?

They were bought by a company in Denver, Co. called Intercap Monitoring
Corp. It was an arm of an investment company that was into many different
things, land, oil, cattle, security, mining, etc. Naturally, they cut all
management, upon the sale, and when they let me go, I ask if they were sure
they were prepared to release me. They were set on their mission and said
adios. I got a call from them about a month later and said, "We think we
might have made a mistake". My reply was, "I know". What they failed to
realize was that I held the licensing in 19 states and that I was the
registered President in some of those states for a company, Datavision Cable
and Installation, that was set up to do the installations and service
because of some licensing requirements. Hmmm...Did I fail to mention that
when they let me go? Must of slipped my mind. So much for "do diligents".
They must of been to focused on the healthy RMR.  I had already started this
business, so they ended up being a very nice client right out of the shoot.
Shortly after that, the SEC was all over them for something to do with the
Minnesota State Pension Fund. Because the monitoring business was in one of
the partners names it was somehow able to separate itself for the fiasco. He
shortly found out that he couldn't support this on his own, about a hundred
thiry thousand + monitored accounts at the time, so he hired this new little
company, Smart Security, backed by Westinghouse, to do the monitoring, and
service for his account base. Not knowing anything about being proprietary
and only dealing with the basic package systems, they came in with the Big
Blue "W" stamped on their foreheads and literally through out all of the
schematics for all of the engineering/manufacturing of the electronics,
dismantled the computers, cancelled all of these data circuits (cutting
cost) and all of a sudden found out nothing worked. SCRAMBLE!!! Couldn't
tell them anything, because after all they were, "WESTINGHOUSE". After
hiring back some of the software folks as consultants and paying me for my
services to go around the country giving seminars to their branches on how
this system worked, they managed to creep forward but the damage was already
done. Network Multi-family Security finally ended up with the spoils.
Meanwhile, the stock was still on the market being manipulated by the three
majority stockholders, the Chairman of the Board, the president, and the
corporate attorney of Sensormatic until they final drove it to "0".

Bob4Secur
>
> --
>
> Regards,
> Robert L Bass
>
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> Bass Home Electronics
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> Sarasota · Florida · 34231
> 877-722-8900 Sales & Tech Support
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