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Technology Stocks : p-com (pcms)

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To: Richard Hannah who wrote ()8/30/1999 8:34:00 PM
From: charlie  Read Replies (1) of 1461
 
biz.yahoo.com

More management change announced today. I do not know why and how they found this academic guy to be president and COO (maybe George's old buddy). In the same news the former CFO (currently group president for the tel-link division) also left the company. He is more or less responsible for P-com to have inventories larger than half a year's sales.

For P-com to turn around, I do believe they need to change the founder/chairman who come from engineering and seems to have no knowledge of running a business in a tough environment.

Charlie
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