Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : ACTM $100 Million Cable Modem Contract with MOT -- Ignore unavailable to you. Want to Upgrade?

To: Rob Preuss who wrote (583)	3/6/1998 4:39:00 PM
From: jeffbas	Read Replies (1) \| Respond to of 1250

Paul and Rob. We have done our due diligence and it does not seem that the situation should be alarming. However, the wording of the original release, their subsequent behavior - tensely answering no questions or not taking calls, and the delay in any clarification, is strongly suggestive of a company with a real problem on its hands. Do you think I am right or am I looking at it through gray colored glasses again?

To: Rob Preuss who wrote (583)	3/6/1998 8:29:00 PM
From: David Seltzer	Read Replies (1) \| Respond to of 1250

I also called Greenlaw's office on Monday or Tuesday.He has not returned my call.I want to ask him about the 1st qtr and the remainder of 1998.Will 1st qtr revenues still be about $75 million as indicated in the last conference call? It is fruitless to ask him about the inventory problem.I am more concerned about the company's future sales and earnings than the law suits. Our ace in the hole is that Pino can sell the company quickly if he so desires(even with the inventory problem). I have to believe that at this stage the company has some idea about the magnitude of the inventory problem and how it might affect 1997's results.However,the company might be in the midst of talks with law- enforcment officials,claims adjusters,employees(temp & permanent), and auditors,and that may hinder any immediate announcement. David