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Technology Stocks : Systemsoft Inc. (SYSF)
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To: David R. Lehenky who wrote (2991)2/6/1998 11:44:00 AM
From: peter grossman  Read Replies (1) of 3529
 
"I don't think this quarter is a disaster for SYSF, as much as it is the beginning of a new, better managed and more focused, company."

Let's hope it is the later, but under any possible interpretation, it is definitely the former.

It may well be worse than a disaster. Until credible explanations are offered, and given management's history, one might be well advised to assume the worst. That is, past revenues have been booked overly optimistically (cooked) -- very possibly SysWiz revenue. And USB was sold because they need the money.

The only "saving grace" is that the market cap was already miniature.
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