Leasing Solutions (LSN) Message Board

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Technology Stocks : Leasing Solutions (LSN)

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To: kendall harmon who wrote (9)	10/22/1998 11:34:00 PM
From: LoLoLoLita	Read Replies (1) of 33

I'm in at 9 1/2. Happy as can be! LSN is a cash cow. These are my favorite plays. Have done it recently with CCMC, REV, MTC, INFM, PSQL, and DSTM (only yesterday). Warning! You need a strong stomach to jump in and buy these on the day of the crash, and the willingness and ability to make it a long-term hold. The short interest is the icing on the cake here. From today's departure from previous (Oct. 7) guidance that they are on track to meet estimates, coupled with the delay in earnings, i conclude that the most likely reason is an argument with their accountant over GAAP. Worst-case (IMO) is that have to do some one-time charges to clean up the balance sheet. Other possibility is that they got nailed in the recent "credit crunch." Either way, i'm betting it's a one-time event. Let's just hope that it's not another ADVH or VVUS. I've been in enough of those already. Cheers, David

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