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Technology Stocks : Emulex, What Prospects?
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To: iceburg who wrote (118)3/27/1998 7:50:00 PM
From: Greg Jung  Read Replies (2) of 788
 
Down to 8 1/2 today. How'd this crater so much, where is the big negative angle here? Looks like a good strategy, out-sourcing.
But $13M charge can't fit into the balance sheet without putting on debt. Trouble is, that about eats up their credit line. Did I answer my own question?
What is the next step that the institutional investments have recognized?

Greg
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