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Technology Stocks : VA Linux Systems Inc-(Nasdaq:LNUX)

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To: Mohan Marette who started this subject12/4/2000 5:14:02 PM
From: Skeeter Bug  Read Replies (1) of 282
 
all:

check out... siliconinvestor.com

why does lnux management keep quoting dime sized losses (excluding the expenses they don't want to include!) when the reality looks much worse?

q end april: $0.58 per share.

q end july: $1.15 per share.

did lnux management ever quote these numbers - the ones they legally reported to the sec - during their conference call?

if not, then i'd suggest that management isn't up front and won't tell investors the truth when it doesn't support their own self interests and they aren't legally obliged to do so. they will try and manipulate the numbers by excluding expenses that they don't want to count as expenses - even when those expenses boost the loss per share by several times reported lps.

someone people are making millions as this stock tanks - and it isn't investors.

i assume "noncash compensation" means stock. if i were an investor, i'd sure want to know how these $20 million deals are structured. it could be that the total dollar value is divided by the stock price and that yields the number of shares issued as "noncash compensation."

if so, the dilution rate is growing at a HUGE rate!!!!!

this would be paramount to spitting on investors after beating them up. i've never heard the deal discussed, however, it is IMPORTANT.
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