ESVS vs DCLK Message Board

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Technology Stocks : ESVS vs DCLK

ZULU 0.000200

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Dec 12 9:30 AM EST

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To: BlackStar who wrote (379)	3/3/1998 1:42:00 PM
From: Hari Abhyankar	Read Replies (4) of 717

From the press release: The European head office in London as well as sales offices throughout Europe will be closed and the six full time staff members will leave the company immediately. Some speculation: Reading the wired articles and today's press release together could lead one to believe that they may be having legal problems in Europe and are leaving to avoid legal actions against them? The wording of the release ... will leave company immediately... Why? If they are having the tremendous growth that they claim then they could relocated these experienced individuals to the US. The wording may be the way it is so as to induce investors to believe that these are cost cutting measures. But 6 staffers at $60K/yr = $360K/yr + expenses related to closing the offices... How high could these expenses be? A few PCs a few rented offices... Not much. Note these figures are just guesses! Hari

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