SONS Message Board - Msg: 23334657

STOCKTALK

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 : SONS

SONS 7.830

+2.8%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Hayman who wrote (947)	3/2/2007 12:32:59 PM
From: carranza2	Read Replies (1) of 1575

I think the statement that they expect an investigation by the SEC is a little more troubling concerning options issues than it is for most companies. Note that no members of current management are involved. I still think this is a tempest in a teapot since SONS is a story for the future. They'll restate earnings, not take a monetary hit, and go forward. When after it is all said and done, I think the present problem is not options per se but the inability to file documents with the SEC on which the accountants sign off on. Oh, and the current market. The business side of the story is extremely good. Using a 30x multiple, CSFB has SONS at $11 in 2008. I think that is probaby conservative.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next