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

To: gmccon who wrote (355)4/1/1999 8:42:00 PM
From: MGV  Read Replies (1) | Respond to of 1138
 
Sell side analyst reports suggested that another wave of rumors regarding the loss of key sales force personnel was behind the selling pressure. FWIW, the reports also indicated the rumors are unfounded and LGTO is on track to meet consensus.



To: gmccon who wrote (355)4/2/1999 11:03:00 AM
From: Mark T. Heath  Read Replies (1) | Respond to of 1138
 
Greg, I've been out of LGTO for a short time now. Willing and wanting to come back at a good technical point which I don't think the stock is at right now. Plus, with my business demands at this time of the year (I'm a CPA), it's hard to keep track of any stock much less one that moves as suddenly and erratically as this one does.

The departure of "key sales people" seems to be a favorite of the Street. I think we've all heard that one before.


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