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Technology Stocks : LEGATO SYSTEMS LGTO -- Ignore unavailable to you. Want to Upgrade?


To: gmccon who wrote (581)1/19/2000 8:27:00 PM
From: Elmer Flugum  Read Replies (2) | Respond to of 1138
 
Support at $30.00?

iqc.com



To: gmccon who wrote (581)1/19/2000 8:33:00 PM
From: Skeeter Bug  Read Replies (4) | Respond to of 1138
 
gmc, the pe on this stock is HUGE! even AFTER the haircut. however, if one's analysis said lgto was cheap at $55, then it s/b a strong buy right now.

the cfo is a hood and needs to go if things are as folks say. however, it seems revs will BENEFIT next q from two things.

1. the $0.03 taken from q3 and...

2. the derferred revenue from q4.

i still think folks are nuts for valuing a stock as though it will soon take over the earth... but the news is a buying opp if you like lgto before. i didn't and i still don't.