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Technology Stocks : CyberGuard Corp. (CYBG)
CYBG 0-100.0%Jul 23 5:00 PM EST

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To: Bald Man from Mars who wrote (2050)8/25/1998 4:23:00 PM
From: VivB  Read Replies (1) of 2616
 
You asked <Who is running this company now ...> According to this article from CBS Marketwatch "CyberGuard shares lose more than two-thirds of value"
cbs.marketwatch.com
Shelly James is the acting CEO <......Interestingly, James has been a steady seller of CyberGuard stock over recent years. He said the CyberGuard "doesn't fit the mold" of companies his investment fund typically holds.> Does anyone know this guy? It sounds like he's an investment fund manager? How convenient that he's already sold most of the shares in his fund BEFORE the "take over." I believe he was one of the "outside" directors on the audit committee. In more good news he is quoted as saying "it may take up to 3 months to find new auditors.."

Also noticed that 3 different legal firms have announced that they are filing class action suits on behalf of the shareholders. No big surprise there!

Viv
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