Spectralink (SLNK) Message Board

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 : Spectralink (SLNK)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: techwatcher who wrote (7)	10/13/1996 11:21:00 AM
From: frank doolittle	of 55

The nosedive was probably caused by someone on the inside "leaking" this qtrs results. Hence, either an insider of large institution dropped 800,000 shares at once. For a stock that has been avg 60,000 shares to go to 1.8 mill is preposterous. Of course the market makers also had to have gotten involved. The office of the CFO surely has lost all of its creditability, which also should have some reflection on The CEO. I can't believe he would allow this to happen. Also the marketing dept should be revamped. I can't believe the CEO would allow his sales to dip this low without making some changes.They have just released news releases on new products and I believe they have good products. Value Line probably will not change its recommendation, unless they don't trust management. The numbers are still there for this company to be a very good investment. However, 1 bad employee (CFO department) can ruin the reputation of a good company. This qtr will not meet expectations but everyone already knows that. The stock should be at its low unless more bad news come from insider leaks. Who ever was responsible for the last leak should have been fired, Immediately.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next