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Technology Stocks : LEGATO SYSTEMS LGTO

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To: Pareto who wrote (942)4/5/2000 11:34:00 AM
From: geoffrey Wren  Read Replies (1) of 1138
 
Furthermore, about these "renegade" salesmen . . .

For product sold, the quarter was 44.7m, the problem was 7m. Now, let's remember the press release said: "that a small number of its sales representatives" caused the problem. Let's say salesmen responsible for 25% of sales? or 11.2m. Of which, 7.0m would have been improper bookings. And management had no clue?
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