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Technology Stocks : Plaintree (TSE:LAN,NASDAQ:LANPF) -- Ignore unavailable to you. Want to Upgrade?


To: Ron logo who wrote (1485)6/3/1999 4:38:00 PM
From: Martin Goldenberg  Read Replies (1) | Respond to of 1606
 
No news is not good news. If they haven't got a takeover buyer for their modem business yet, then maybe their technology has become too old for interest.

It would appear that they don't have too much money left to stay in business much longer.

I hope I am wrong as I dabbled in a few shares when Beaumont came on the scene as he is considered a technology guru. (I got interested in Plaintree when Nortel showed some interest.)

He is now on the sidelines leaving the business to be run by an accountant. Getting a cash infusion is now the key to avoid going under.

Martin