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Technology Stocks : SDLI - JDSU transition

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To: abuelita who wrote (3216)7/2/2002 4:14:45 PM
From: OWN STOCK  Read Replies (2) of 3294
 
Rose:

Expose: They been there, did that with the largest ever goodwill writeoff in history. Perfectly legal.

JMHO, nothing illegal (ala: Enron/GXC/etc) in the future, these guys are straight.

Their problem is sales; IMO, they have more cash on hand than annual sales, maybe 50% more. Pressure mounting on management, but they can do little to nothing to fix the telecom market. There's a lot of temptation for management to cash out and leave the stress/mess to others.

JMHO

-Own
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