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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (4628)1/19/2000 8:14:00 PM
From: RockyBalboa  Respond to of 19428
 
Another one of the Deutschen sleezebags blew up, nasdaq halted trading with T12 reason...

Wednesday January 19, 8:05 am Eastern Time

Company Press Release

SOURCE: Trion Technology AG

TRION Technology AG Supervisory Board Presses Further Changes

BERLIN, Jan. 19 /PRNewswire/ -- In response to repeated enquiries, sources at TRION Technology AG (Frankfurt OTC: WKN 920993) (Nasdaq: TRIN - news) today revealed that the TRION supervisory board in December 1999 filed charges of embezzlement, misappropriation and fraud against the company's former board chairman and major shareholder Sami Tabbara. In the meantime, the Berlin criminal justice department has launched relevant investigations.

At the same time, the supervisory board lodged several civil claims against Mr. Tabbara and his holding company for the repayment of sums in the upper six-digit region. These are said to relate to double salary payments and the use of funds of TRION Technology AG to settle payments and liabilities of Tabbara's holding company. For months Mr. Tabbara has not responded to repeated requests for payment. Believing that this could be just the tip of an iceberg, the supervisory board has ordered further expert scrutiny of the financial behavior of the former board chairman and major shareholder. This is currently under way.

Given this situation, supervisory board circles have reacted with incredulity and dismay to minority shareholder Lintec Computer AG's nomination of Sami Tabbara for election to the supervisory board. This, they feel, threatens to further damage the struggling company's reputation and impedes or even jeopardizes its attempts to secure the future by its own efforts.

Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially.
Factors which could affect the Company's actual results include general economic conditions, pricing actions taken by competitors, labor relations, regulatory changes, integration of acquisitions, changes in international trade and other laws which impact the way in which the Company conducts its business.

TRION Technology AG, Voltastr. 5 13355 Berlin - Germany;
trion.de

SOURCE: Trion Technology AG
biz.yahoo.com
__________________________

Gangstas. Time to look into Lintec (http://finanzen.de.yahoo.com/quotes/de/quote?symbols=lintec&market=*&detailed=t) as well...



To: Sir Auric Goldfinger who wrote (4628)1/19/2000 8:17:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 19428
 
A tiny bit short of. But good anyways. if it was the top tick then it is good for $20 on the downside.

Companion (and major shareholder) ICIX has lower volatility, and also looks toppy though a bit rangebound.



To: Sir Auric Goldfinger who wrote (4628)1/21/2000 3:12:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 19428
 
DIGX at 80, 81 I take off the half (of my short position, that is)

shorted some JDSU instead of. JDSU may take longer, but no way it stays north of 200. Cheap puts avail.

ALL IMO. Take care and don't get burned on daytrader's momos when it is here. Actually I don't know who drives the likes of Wertless, aehm westell but ask Merlin, or the guys who drove RRRR most of the time.