SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vitesse Semiconductor

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: OldAIMGuy who wrote (4623)6/29/2006 9:35:54 AM
From: Taro   of 4710
 
Posted some time ago over at Yahoo, that I believe the current management was shooting for a 2nd half July release of 6 months consolidated figures incl. the restatements of the past adjusted for the options hanky panky. I believe that still may be the master plan but also that they still failed to obtain another extention to cover same plan.

Getting interesting, we will see.

The alternative could be that they want to drive down the price in the pennies, squeeze out Tomasetta and his guys cheap and take the company private with plans to do a new IPO. ICST thus went public twice before IDT picked them up and their new CEO Hock Tan mastering that made some nice dough in the process.

Taro
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext