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- From: ojvind@chagall.cns.caltech.edu (Ojvind Bernander)
- Newsgroups: misc.invest
- Subject: Re: Sequoia
- Date: 26 Jan 1993 22:16:51 GMT
- Organization: California Institute of Technology
- Lines: 13
- Message-ID: <1k4d8jINNg7t@gap.caltech.edu>
- References: <6566@balrog.ctron.com>
- NNTP-Posting-Host: chagall.cns.caltech.edu
-
- In article <6566@balrog.ctron.com> chan@canada.NoSubdomain.NoDomain writes:
- >If this is the same company Sequoia Systems based in Marlboro, MA, they have a
- >big loss in the last quarter. They make fault tolerant computers. However, they
- >lost a major contract, and cut their work size. As a matter of fact, my
- >friend was laid off by Sequoia a few months ago. I have no recent data about the
- >company.
-
- In the last few months (after the stock price crashed down) there has
- been _major_ insider buying -- I believe in the millions of shares.
- There was a law suit that is waiting to be resolved. As soon as it
- is... wheeeh!
-
-
-