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Technology Stocks : Chips and Technologies

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To: karl mallman who wrote (28)1/21/1996 2:03:00 AM
From: Richard K.   of 53
 
Interesting web site Karl. Thanks for the information. Obviously this information is a positve, yet just a couple months ago Goldman Sachs put a strong buy out on the company. It went up 20% that day, and subsequently gave it all back and then some. I believe mangement is the problem with this company. Poor public relation decisions regarding the timing of company information,along with withdrawing information put forth. I'm referring to their recanting of their secondary offering and their supply problem disclosure right after their phenomenal earnings report. Also just last week when the company reported, they said earnings were based on 28 million shares, only to later realize they made a mistake and resubmitted the correct 18 million share number. See what I mean? I have tried to be patient with this company, but as long as the current mangement remains in office, I'm afraid these same problems will continue to show up. Hence the poor stock showing.
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