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Technology Stocks : LEGATO SYSTEMS LGTO -- Ignore unavailable to you. Want to Upgrade?


To: Toby Zidle who wrote (227)10/7/1998 2:22:00 PM
From: treetopflier  Read Replies (3) | Respond to of 1138
 
Yo Toby, thanks for the warning dude.

A little insight. I work with ALL these products, day in, day out. I use Veritas, Seagate, Legato and ADSM from IBM. I always vote my technical favorites, especially when they are backed by market share and mind share. I'll take ADSM over all, with a nice silo behind it.

In the case of LGTO, I would rank their products near to last in the list above. Moreover, I have a long term (6-12 month) outlook on ALL these stocks that makes this LGTO short a comfortable position. I expect to see NASDAQ test 1000 in the next 6 months.

Yeah, I wish I had jumped out about an hour after I was in yesterday and was up a quick $3K, but I didn't and that's ok. It will come around again. I expect to see LGTO in the low teens by this time next year, if not lower.

All the best
ttf



To: Toby Zidle who wrote (227)10/15/1998 3:01:00 PM
From: Beltropolis Boy  Respond to of 1138
 
Legato Systems Reiterated 'Buy' at Bear Stearns
Bloomberg News
October 15, 1998, 6:49 a.m. PT

Princeton, New Jersey, Oct. 15 (Bloomberg Data) -- Legato Systems Inc.
(LGTO US) was reiterated "buy" by analyst Richard Scocozza at Bear, Stearns & Co.