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


To: Sr K who wrote (994)4/20/2000 11:11:00 AM
From: geoffrey Wren  Read Replies (1) | Respond to of 1138
 
Kevin Landis pick, I believe. I have three of his picks that I know of: LGTO (now LGTOE), HIFN, and GNSS. And even though I picked them all up after the first major fall, I am way down on LGTOE and about even on the other two. I hate to think of the people who picked these stocks up at the yearly highs.

You have to hope that management is just stupid and crooked and was fudging a little to make things look better. If management was smart and crooked they saw things going very bad, and sold a lot of their own stock while the price was moved higher by these exagerrated sales.

Long LGTOE at 33, luckily only a small position.