SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Command Systems, Inc. (CMND)
CMND 0.741-5.7%Nov 6 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JOHN BAIN who wrote (1736)12/12/1998 2:25:00 PM
From: JDN  Read Replies (1) of 1956
 
Dear John: Thank you for your efforts and for reporting them back to this thread. Any bit of info is sorely needed. I did a cursory review of the Amended S1 filed on 12/10. I did not read it carefully but from what I could see it only included the "Memorandum of Understanding" reached with the Plaintiffs attorneys for a settlement of the class action law suits. While I am not an attorney, I have found through experience that these Memorandums generally are approved by the court . The cost to CMND if I understand it will be in the neighborhood of 1.65 million which while not overly large will in fact detrimentally effect the quarter in which it is charged IMHO. However, once the suit is lifted and PRESUMING the company can begin to give us some FAVORABLE PR. I would expect the stock to begin rising rather substantially in at least percentage terms. Would lnot surprise me in the least to see it over 6 quite quickly. JDN
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext