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To: Fred Fahmy who wrote (550)4/5/1998 4:43:00 PM
From: Travis  Read Replies (1) | Respond to of 593
 
Okay,

I'm going to try to be optimistic. Feel free to flame me. The restatement is bad, yet this move presents a good view of the CFO. It appears to me the books were indeed a mess, and this guy has got the job of cleaning it up. So far, IMHO Remo has done everything correctly.

The lay-off is a good way to cut costs quickly. It is my opinion that the quick growth caused the company to gear up hiring and then over-hire. Since the growth has slowed, they are now over-staffed. I can respect that.

My prediction: profitable by Q3, expected continued growth and undervalued at $2/ share.

travis



To: Fred Fahmy who wrote (550)4/6/1998 6:51:00 PM
From: MellB  Respond to of 593
 
I saw that one earlier & I AM NOT TOO HAPPY as I'm sure no one is. Now the big question is ... do we hold out or abandon ship before it goes down? I'm so tired of this I can't even tell you!

- Mell