Here is what I got from GIGX, not much. I called the analysts below, they refused to give me any info, as I was not a client. They could not/would not even give me any info on 1999 period. I will see what else I can find.
David Kitchen has referred your
> inquiry to me. The Company is currently in a "quiet period" pending
release
> of 4Q 1998 earnings on February 17, 1999, but I will attempt to
address your
> questions as best I can while still adhering to these requirements.
Because
> of the "quiet period" I am unable to discuss the outlook for 1999 and
> beyond. However, you are able to contact Rich Leggett
(703-312-9751)of
> Friedman, Billings, Ramsey, the lead underwriter for Giga's IPO, or
Tom
> Browne (212-778-1477)of Prudential Securities, the co-manager for
Giga's
> IPO. Both are analysts that cover the Company.
>
> Giga's client base has increased throughout 1998 to approximately
> 930 client organizations from 756 at the beginning of the year.
>
> Giga's CEO, Gideon Gartner, will not step down as CEO until a
> successor is hired. Mr. Gartner will continue as Chairman of Giga.
In the
> meantime he is reducing his involvement in day-to-day operations,
but will
> remain actively involved in strategy, identifying business alliances,
> development of international markets and client contact. These duties
> capitalize on what Mr. Gartner does best and this decision on Mr.
Gartner's
> part allows him to address other personal interests. Until a
successor is
> hired, Daniel M. Clarke, Senior Vice President and CFO of Giga, will
be
> Acting Chief Operating Officer, assuming responsibility for day-to-day
> management and operations. Mr. Clarke has significant operational
> experience and is committed to executing upon Giga's financial and
> operational plan.
>
> Please let me know if I can provide any further information.
>
> Sincerely,
>
> Vicky Lynch
> Investor Relations and
> Vice President and Controller
> |
