Leasing Solutions (LSN) Message Board

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Technology Stocks : Leasing Solutions (LSN)

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To: LoLoLoLita who wrote (25)	10/26/1998 12:41:00 PM
From: Eben Battaglia	Read Replies (2) of 33

I just spoke to IR at LSN. Mr. Yeffa was in a meeting (do I look surprised?) so I spoke with Shannon. She told me that the delay was due to a large amount of backlog processing of transactions. She wished she could say more but no dice. I asked her if they converted to a new computer system and after a bit of hesitation she said "well, yes." Seeing that I wasn't going to gather any more information than "backlog processing" I thanked her for her time and ended the call. Obviously, there's something more than "backlog processing" going on here or they would have completely explained this process in detail in a press release. I'm sure everyone in the company has been instructed to become a mute as far as company matters go. I suppose that we'll find out when everyone else does. Eben

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