From: Steve Schear <schear@lvcm.com>
Date: Fri, 13 Nov 1998 04:05:46 +0800
To: John Young <jya@pipeline.com>
Subject: Re: Cylink Sued for Stock Fraud
In-Reply-To: <199811111641.LAA06325@camel14.mindspring.com>
Message-ID: <v04003a00b2702c47fde9@[24.1.50.17]>
MIME-Version: 1.0
Content-Type: text/plain



>Business Wire reported yesterday that Cylink has been
>sued in US District Court of New Jersey for securities
>fraud through a class action. It alleges misrepresentation
>and false financial statements.

I heard, from a former senior employee, a week or so ago that things were
not well there, but had no idea it was this bad (ir I would have shorted
the stock, oh well).

--Steve