SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LEGATO SYSTEMS LGTO

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: candleLight who wrote (928)4/4/2000 12:39:00 AM
From: Hungry Investor  Read Replies (1) of 1138
 
Mike,

<<I believe that management of LGTO was trying to cheat a bit by moving revenues across year-end/qtr-end.
Penalty in today's market was too much.>>

Penalty too much? I guess that you believe that it is alright for the company to lie to its investors just as long as it is "advancing the ball"? What is a company worth that will not play straight with the street and doesn't have the internal controls to keep its sales guys in check?

Not much in my opinion. No judgement on you, I assume that you were attempting to make a general statement, not a fool-hardy one.

Scott.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext