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Technology Stocks : Southwall Technologies
SWTX 46.990.0%Jul 1 5:00 PM EST

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To: TBF who wrote (954)10/20/2000 1:35:03 PM
From: Skeeter Bug  Read Replies (2) of 1143
 
tbf, i HOPE you are right. however, i've seen revenues increase 20% per year and earnings turn into losses. heck, we were lucky when eps were flat even though revs were booming.

being a mfg professional myself, i can tell you that the finance department rarely goes out the floor and creates scrap. to blame the disaster on finance is very wrong. the disaster was mfg. the wrong reporting was finance's fault.

i'm now starting to believe that current management is unwilling to take responsibility for their blunders. blame everything on the guy that left. being a problem solver by trade, i can tell you that acknowledging a problem exists is the first step to solving it. no acknowledgement, no improvement. do the same things, expect different results.

i don't do two things - buy high and sell low. i'm holding swtx - but i'm not happy at what i view as incompetence. well, it isn't like i have a choice, now.
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