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


To: KevRupert who wrote (1003)4/21/2000 12:18:00 PM
From: Stephen  Respond to of 1138
 
I watched this one fall .. and the only thing that stopped me investing a little was the time of year (a bit stinky for the market till the fall). I also heard someone on CNBC say that they were losing market share because their products weren't as good as some of their competitors ... any comments would be appreciated??. Though it looks bad now, and might get worse ... I've found recently that many dogs rise from the ashes after a couple of years. DIGL & ECCS are 2 that I sold for losses a long time ago at 19 & 3.5. They recently soared (okay, the market has got carried away with itself a tad) ... though my decision seemed right as before they soared they hit lows of 4 & 99cts respectively. LGTO may well do the same, assuming there's no bear market ... though obviously in the meantime there maybe more pain ahead and I don't know where the decline will end. Sorry for the rambling post ... and obviously those longs who are suffering . TIA for any responses

Stephen



To: KevRupert who wrote (1003)4/21/2000 1:46:00 PM
From: Deep Six  Read Replies (2) | Respond to of 1138
 
CIEN, CLFY, CTXS. redux

Mr. A, Not really.

To be honest it reminds me of the monster opportunities the savvy tech investor gets about once a year.

Remember CLFY $6 > $160, CTXS $14 > $400, or CIEN $16 > $160?

Let's try to get a number on how many (if any) key people have left the company.



To: KevRupert who wrote (1003)4/22/2000 11:20:00 AM
From: gmccon  Read Replies (1) | Respond to of 1138
 
Let me start by repeating what I told the thread a month ago. The corporate officers are crooks. I told you so.

To answer your question, this one is headed to $3 in the near term. They have lied until they are blue in the face, and now no one is talking. What could possibly hold it above $3?

All just my opinion, of course.

greg