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Technology Stocks : Command Systems, Inc. (CMND)
CMND 0.184-7.4%Nov 21 9:30 AM EST

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To: DD™ who wrote (444)5/1/1998 11:42:00 AM
From: JDN  Read Replies (1) of 1956
 
Dear DD: In all fairness your statement:
I have lost all trust in both managment and their underwriters as a result of the conference call debacle.
does not square with the people who have talked directly with management and found them to be honest and forthright. I can understand your anger. I bet its as much the SURPRISE as the loss.
However, at this point I am not convinced management did anything bad at least knowingly. I have been involved in MANY IPO's as a CPA. I have worked closely with some of the biggest investment bankers in the business. I can tell you when they get involved they know MORE about their client than his PROCTOLOGIST. They get right up there where the sun dont shine. So I fail to see how this surprised them unless they have a young analyst who doesnt know what he is doing. I tend to think there is something else behind this. Dont yet know what it is but sure trying to find out. JDN
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