"We" sure fooled Wit SoundView, didn't we? I think it won't take long for them to pull that 'Buy' rating. Later this morning, most likely.
And how soon will it be before Analyst Mendelson is charitable toward LGTO again? Not real soon, for sure.
Low this morning has been $18 5/8 -- close to 60% off. Oversold, definitely. Being oversold, however, hasn't helped MSTR, POWI, ACVC, or CGN. Many other tech stock owners must feel like Year 2000 is the year of Russian roulette. That won't be good for the NASD Comp. average at all.
Y2K didn't disintegrate computer systems; it shorted out all the neurons in the brains of accountants, instead.
Only one conclusion fits here, and it's an understatement because this is a family newspaper: DAMN!!!!!
>>And if these sales reps were doing millions in side deals, where were their managers? Sleeping on their stock options? Staff restructuring should start with them. Now let's find those sales reps' overseas bank accounts. Reimbursements are due!<< |
