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Technology Stocks : Teletek (TLTK): Relaxed and Holding
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To: Dee Jay who wrote (2199)10/2/1996 9:28:00 AM
From: RetiredNow   of 3645
 
Another log for the fire:

Usually, when companies take steps like hiring a new auditor and are in the process of cleaning up their books and their act, they usually try to take all the hits they can at once.

The logic is to clean up now so the future can look bright. So I suspect what we're seeing is simply they are taking all their hit now and the future will start showing our long awaited record revenues and profits.

As someone else said, I feel like I am starting to see the light at the end of the tunnel -- even if though the light is still 2 to 5 months away.
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