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Technology Stocks : LEGATO SYSTEMS LGTO
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To: A. Wayne who wrote (1040)5/19/2000 1:53:00 PM
From: Howard Armstrong  Read Replies (1) of 1138
 
You can't just hire a bunch of salespeople right away. Good sales reps are hard to find. Deals can be complex, and sales cycles can go on for months. LGTO would be considered a risky situation by most potential employees, given the earnings re-statement. The loss of 25% of the sales force is pretty traumatic. It will take awhile to build the sales force back up, so it will be some time before we see a revenue recovery.
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