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Technology Stocks : RAVISENT - RVST
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To: Herc who wrote (56)2/29/2000 9:16:00 AM
From: Ignatz  Read Replies (1) of 82
 
RVST management is doing a great job of making themselves look incompetent. The falling stock price shows just how good they are at screwing up something as simple as agreeing to revenue recognition policies with their auditors. I smell a restatement coming. This is getting worse every day. The smell may eventually go away, but this never should have happened. They set their own earnings date and failed to meet it. We're now coming up on 11 days since they missed their own deadline. Having to rebound from 20 was bad enough, we're on our way to single digits if this goes on much longer. I'm a bit surprised we've held up so well the last couple of days. Anybody else out there ticked about this situation?
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