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Technology Stocks : ANTEC Corp. (ANTC) -- Ignore unavailable to you. Want to Upgrade?


To: MikeM54321 who wrote (689)10/17/2000 1:17:54 PM
From: Bernard Levy  Read Replies (1) | Respond to of 847
 
Hi Mike:

As you may have noticed ANTC has pushed it earnings
release one day forward. Two possible interpretations,
one good and one bad:

a) The results are fine and the company is trying to
stabilize its stock price by getting the news out as
soon as possible.

b) The results are bad and in light of the steep decline
recently which clearly makes it look like selective
disclosure is taking place, the management is trying
to get the news out as fast as possible to avoid an
avalanche of lawsuits. Given the timing of Egan's latest
stock sale, lawsuits are unavoidable IMO if the results are
poor.

Regards,

Bernard Levy