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Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?


To: RobertSheldon who wrote (2560)11/20/2000 5:27:01 AM
From: Labrador  Read Replies (1) | Respond to of 2702
 
>>. If Vari-L is yet unable to produce financial statements required by the SEC and that satisfy Nasdaq’s listing requirements, how could directors measure costs and per-unit profitability levels to conclude that the military business was not viable? <<

This was my thoughts as well when I read the Pappas letter.

The prior letter of Oct. 20 asked many significant questions of management; it is hard to believe that the questions were viewed as not material.

For the most part, the recent Pappas letters fail to address the significant issues facing the company and its owners [shareholders].