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Non-Tech : USA Detergents (USAD). A Table Pounding Buy...

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To: Premier who wrote (41)4/25/1997 10:23:00 PM
From: Greg Ballinger   of 143
 
Dwarka,

I have,as you, decided not to spend anymore good money into this stock.
I think we have all heard enough diversities of truth that we have no
confidence in the stocks direction. If we stack the news since Feb ( when
I got in ) the CEO has resigned, a new cfo in place, supposedly they have
taken action to correct the problems from last earnings- this sounds pretty
shitty. If they truly have corrected their problems with the re-investment
in SG&A as they stated before, they wouldn't have given that ambiguous
forcast for earnings this quarter. Why did their CEO resign? Too many
questons and not enough answers. Question is, ROB- WHAT ARE YOU GOING TO DO?

Greg
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