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Technology Stocks : LHSP: Lernout En Hauspie

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To: Walter Morton who wrote (2398)11/7/2000 8:31:49 AM
From: Logain Ablar  Read Replies (1) of 2467
 
Walter:

I think many will have problems with L&H recording fictious revenues to pump up the stock price allowing it to acquire Dictaphone and Dragon. I would suspect the US employees are not too happy by this turn of events.

I have a problem quantifing the intristic value in this situation. I think the acquired franchises keep a floor on the stock but am wondering what that really is.

As an example INFX had similar problems a few years ago. One of its problems was ORCL just raided the top talent.

Good luck.

Tim
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