Bruce,
Sorry to disagree with you, but...
If you look at the earlier Analyses of CLZR, which are still available on the TNL web site, you will see that I had "deconstructed" the Company's financials and published the results on June 7, 1997. See <http://napeague.com/clzr-summary.html>. This "deconstruction" indicated that the Company was developing problems, which subsequently was confirmed by CLZR in a press release on July 29, 1997.
This same "deconstruction" allowed me to see that CLZR might turn around, an observation which I published on March 2, 1998. An additional earnings release, and other Company press releases, showed me that a turnaround was, in fact, taking place, and I issued an "Alert" to this fact on June 22, 1998.
It may sound a bit arrogant, but this was "old news" in October 1998....
Bob Davis
The Napeague Letter
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