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Technology Stocks : COM21 (CMTO)
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To: Madharry who wrote (2230)7/21/2000 11:14:22 AM
From: lml  Read Replies (1) of 2347
 
This is the worst performing stock I have owned in the past 5 years. I really don't understand how this company is managed, and am quite surprised how the Street is reacting to the latest numbers. If in-fact the Street expected a protracted term toward profitability, then the market should not be reacting to the latest news as it obviously is doing today. If, OTOH, there were surprises in yesterday's numbers, then it is incumbent upon management to provide guidance BEFORE such financial news is officially released in a quarterly earnings statement.

I question if management really knows how to manage a public company, let alone a high-tech manufacturing company that must compete in a highly competitive and dynamic market. Focus must be equally channeled between the company's customers and investors, and it is becoming apparent over the past year & one-half in this stock that management is ill-suited in its focus on the investor.
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