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Technology Stocks : Lightbridge (LTBG)

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To: James Hutton who wrote (125)2/14/1998 10:20:00 PM
From: HVN   of 202
 
What I can't understand is why it dropped so much - almost like the company is going out of business. They are rather well respected in the telecom industry and extremely well entrenched in the internal operations of dozens of large telecom players. There's no way they are going to go out of business any time soon. So, why such large drop?

As for the management - I've met with them. They are good - know their stuff. Have a lot of faith in their ability to pull the stock price up. The only thing I do question is their ability to grow the churn managment business in the US. I can see them sell the solution in the UK, and 'maybe' to a few of the smaller players in the US. But Coral lost its opportunity when CBIS, which owned a stake in them, went its own way. Now, LTGB has to build the chrun management business from scratch.
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