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Technology Stocks : LEGATO SYSTEMS LGTO

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To: Chinacat who wrote (1108)10/2/2000 11:22:13 PM
From: Robert Hughes  Read Replies (1) of 1138
 
Home move has kept me away for a few days. Legato's products are worth more than 8, but operations appear to me to be confused. Quite a few good people in the operating trenches have left for greener pastures elsewhere while top management still appears to be in denial about their reporting problems and the underlying ethics of some board members and execs. The stock may be worth two or 3 times its annual low, but there are a lot of bottom fishers who must be fed their profits before it can rise beyond the recent trading range. Someday, but when?
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