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.
Gold/Mining/Energy : AIT Advanced Information Technologies Corp. -- Ignore unavailable to you. Want to Upgrade?


To: wayne cath who wrote (77)8/19/1998 9:41:00 PM
From: Neil Leckett  Read Replies (1) | Respond to of 130
 
Rumour Mill....

Rumour around town has it that things are going from bad to worse at AIT; they postphoned their quarterly results didn't they? I hear that they laid off a few more people last week and that they are not really shipping any significant amounts of goods. The cross may be an institutional investor unloading shares before they disappear (this is TOTAL SPECULATION on my part).

Sorry for "flying in" and dropping my thoughts, but I thought you should know what I have heard.

I have not owned nor do I currently own AIT shares. I am neither long nor short on this stock.