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 : Loral Space & Communications
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: djane who wrote (5467)3/11/1999 11:38:00 PM
From: Valueman  Read Replies (1) of 10852
 
It was a good short. If I recall right, the CEO, CFO, and General Counsel all sold shares(did the CFO sell all his shares???) in Nov./Dec. of last year and they warn on earnings and "accounting irregularities" a month or two later. Tsk Tsk. Restated earnings, etc. followed. Of course, the lawyers piled on that one. Multiple lawsuits filed. It's ugly. It will take some time to rebuild trust. Can't tell you anything about the business, but perception will guide the price for some time, not fundamentals.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News