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mcmike

10/31/05 10:53 AM

#11077 RE: iconoclassic #11071

one GOOD PINKIE: RSTN which traded above $15 before mgmt. shenanigans

RSTN is the #2 supplier of ethernet routers behind Cisco
They changed auditors from Ernst to Grant Thornton and are really late on their previous financials
Riverstone Networks to Provide Preliminary Fiscal 2nd Quarter Financial Highlights
http://www.knobias.com/individual/public/news.htm?eid=3.1.12391d3ad7ba8f9e8c677be6f67880c2431ef392ca....

Riverstone Networks Provides Update on Audit and Financial Statement Status
http://www.knobias.com/individual/public/news.htm?eid=3.1.2e429e483a01df6e31f6e53b33c57769f7254a8214....



do your due diligence..
i am long.
i think it is a gift down here...many many institutions are barred from investing in unlisted issues and when they get their financials finally filed and get relisted.....