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 : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: George Dawson who wrote (3841)3/14/1997 11:06:00 AM
From: Craig Stevenson   of 29386
 
George,

When management says that there will be no expenses related to the Sequent contract cancellation, and then a major charge appears, that is disdain for the truth.

When management says that they have sufficient cash reserves, and then announce a Reg D private placement, that is disdain for the truth.

When management says that everything is on plan, and then announce a restatement of 1996 revenues, along with a warning from the auditors related to ongoing operations, that is disdain for the truth.

When management says that they lost the Sequent contract, and had not included Sequent revenues in 1997 revenue forecasts, but won't tell investors when those revenues were backed out, that is disdain for the truth.

Craig
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