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


To: aliveinsf who wrote (605)1/20/2000 10:40:00 AM
From: Larry S.  Read Replies (4) | Respond to of 1138
 
I am new to LGTO, did my first purchase today at 29 1/2. Is this a hold or a flip? LGTO seems to be a great stock that got smoked on earnings shortfall. still a very viable company from what i see. honest opinions appreciated. tia larry



To: aliveinsf who wrote (605)1/20/2000 10:46:00 AM
From: Skeeter Bug  Respond to of 1138
 
that is the why you get lgto at 45% off retail today. the question is whether he will keep doing it. the ceo needs to get canned if he doesn't can the cfo (who obviously does not understand accounting methods).

btw, i heard that lgto employees get stock options at a strike price equal to when they started at lgto FOR THEIR ENTIRE CAREER!

iow, if you were hired a couple years ago, you are able to spend 15% of your income buying shares for a couple bucks - forever!

i'm sure the employees are thankful toward shareholders if this is true.