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Technology Stocks : Vari-L (VARL)

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To: akmike who wrote (2612)12/27/2000 4:42:50 PM
From: Bosco   of 2702
 
Hi ak - still trying to find the worst in human beings in this cheerful holiday season :)! Since I don't know VARL mgt and the behind the scene decision, I don't know if your theory is true or not. However, there are 2 alternative yet plausible explanations w/o invoking any conspiracy principle. They are 1) the books were indeed too bad that they simply can't figure it out and 2) Mr Pappas & crew are determined to eject all the dirty laundry in one fell scoop. If they can do it retroactively, why not. Of course, these 2 scenarios are equally wishful thinking, but I favor the 2nd, which is not unlike how a new CEO in every turn around situation would behave by writing off everything imaginable under the sun in an attempt to garner a fresh start

best, Bosco
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