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Gold/Mining/Energy : Lava Systems (LVA:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Carol Barnes who wrote (19)3/17/1998 12:26:00 PM
From: James Thai  Read Replies (1) | Respond to of 102
 
This would probably do it:

biz.yahoo.com
(Mar 12, poor quarterly results)

plus

biz.yahoo.com
(Mar 16, layoffs, restructuring)

Can you say dog?

However, that said, after only a limited look, it appears that they have good technology, just poor ability to contain costs. We may see a turnaround in a couple of quarters, but I'm staying out for awhile..

James.



To: Carol Barnes who wrote (19)3/17/1998 12:47:00 PM
From: Sultan  Respond to of 102
 
They did announce a restructuring and some write-offs. I guess near term no one expects it to move up. Longer term, I think it will be fine. The management is being shored up. They do have a tangible revenue base. I expect to make any where from 100 to 300% on my investment but how long will it take, who knows. This one is for the patient investor.


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