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Technology Stocks : Banyan (BNYN $8.75) as an internet play -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (880)4/21/1999 8:16:00 AM
From: Bosco  Read Replies (1) | Respond to of 1006
 
Hi SJ, Yes, if memory serves, the 1st couple Qs were losses. However, he did manage to lose less than expected, excluding those charges of course. Like many CEOs taking over a troubled company, he basically expensed the heck out of the 1st 2 Qs. A clean slate, if you will. But then, at that time, even the 2nd and 3rd tier investment houses dropped coverage. Essentially, it was a bleak no-one-care situation. The funniest thing is that when BNYN retakes its all time high [$26?] the street will start coverage again <g>

best, Bosco