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Technology Stocks : Hudson Technologies HDSN -- Ignore unavailable to you. Want to Upgrade?

To: Harry Lewis who wrote (83)	3/25/1998 5:50:00 PM
From: NYBellBoy	Read Replies (2) \| Respond to of 108

Harry - I really don't believe management misled investors. They should not have issued warrants, but IMHO, that was a mistake in judgement. Some sleasy stockbrokers and Fahnstock was one of them pushed the warrants and then pushed the exercise of the warrants into stock to generate more commissions. The guy that schnookered my Mother-in-Law was terminated. :) BellBoy

To: Harry Lewis who wrote (83)	3/25/1998 8:44:00 PM
From: jimiboy	Respond to of 108

Follow the news link here to the story from the day before. The company revised its first quarter earnings from a profit to a loss and the stock got killed. My understanding of this (I researched this stock so poorly!) was that most of this was due to an inventory write down caused by deteriorating refrigerant prices. Further charges were taken as the business focus shifted. The pitch to me was that all the medicine was taken, DuPont was in, and turnaround was underway. The basis for the suit really is "when did management know the sh*t was hitting the fan AND did they sell stock before the rest of the shareholders knew??"