SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : DIGL... Digital Lightwave.... Making Waves.... -- Ignore unavailable to you. Want to Upgrade?


To: (Bob) Zumbrunnen who wrote (310)1/24/1998 7:13:00 AM
From: Robert S. LeClair  Read Replies (1) | Respond to of 934
 
Folks,

Again, we have a case where large shareholders knew there was a problem weeks before the general public did. Certainly when this stock was on the way down from 23 there was big money running away and dumping it. If you watched the trading pattern there appeared to be something wrong. Now the little guy knows why. I've seen this before with QDEK, CTN, NUKO and ESST. After big runs and looking very strong, all tanked for weeks before the bad news came out.

I'd write the SEC and ask them to investigate the tremendous selling that took place from 23 to 12 before this "revelation" hit the wires on Thursday. The privileged knew well before the small investor.



To: (Bob) Zumbrunnen who wrote (310)1/25/1998 3:20:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 934
 
>>It's been done, and apparently isn't illegal. I don't know if it's strictly GAAP, but it's
far from unprecedented.<<

the entire revenue for the q with no indication that it was selling?