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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (10256)	12/6/1997 10:46:00 AM
From: Hassell Anderson	Read Replies (2) \| Respond to of 22053

Scrapps, If USR (Casey) did stuff the channel...he did it to the benefit of the USRX shareholders, which is where his responsibility was. This is rather charitable. I don't think channel-stuffing has ever done much good for shareholders. Somehow I don't think COMS insiders (including ex USRX folks) were too concerned about shareholders when they headed for the exits. IMO, COMS knew about USRX channel-stuffing at the time of the merger but viewed the long-term strategic value of the merger to be greater than the short-term inventory issues. While I am confident in the strategic ability of COMS management, I think they knew the stock was gonna take a hit when they disclosed the inventory issues, and delayed disclosure so they had time to dump some shares. To think otherwise is a little naive. Hassell