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Technology Stocks : Plaintree (TSE:LAN,NASDAQ:LANPF)
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To: Bron-y-aur who wrote (1344)10/19/1998 4:18:00 PM
From: Zvi Yammer  Read Replies (1) of 1606
 
Sam;

It appears that Plaintree has decided that while they have great
software features, their hardware does not provide any great adavantages technologically and has the disadvantage of meking their
products to costly.

Hopefully we'll see the reduction of head count an increase in the product line and higher gross margins.

As for the mkt. it started to sell off lanpf on this news.

This is far from a miracle cure for Plaintree's woes. But it may be the firts step in an overall restructuring.
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