RICE,
appreciate your posts -i've just seen too many screw ups in tech co's and this one is beginning to remind me of Gandalf and Lava
if it was a purely US based co i'd have more faith in it
if it gets delisted on Nasdaq, and likely it will, then the only volume is from Cdn accounts, so potential volm going into the stock chopped significantly
their layer 3 switch, the "flat" switch is good, but several better alternatives it seems out there. Nortel it appears given low revenues, hasn't helped them out much.
Newbridge, people mention, needs a switch co. But I'd like to see a business case for accepting all of LAN's losses, obligations, etc. before, being a businessperson, taking on those obligations.
Situation of delisting also has the intangible of marketplace likely being nervous of whther LAN will be in business, so I would not purchase from a compnay in that type of situation. Additionally, even if a company in such a situation were to get financing, I would not jump out at the company and say now i'll buy your products. For the actual business, it will take some time to recover.
Though LAN ha layer 3 , and NETVA had layer 2 essentially, NETVA maintained a reasonable price likely because it had more visibility and losses were not of the same magnitude. CS bot NETVA. Maybe they'll buy LAN. |
