"Roger Long" wrote in
:

Would you (or someone) please give us a quick summary of what they
said?



Basically, they expanded too fast for conditions. Too much spending and
overextended themselves, like most dot.com companies did during the boom
times. The red ink got to the investors in California and it was decided
to cease operations to lick their wounds and get out, instead of pouring
more money down a losing hole. After the initial blast of orders, times
got tougher and orders dried up, putting all this spending way in the red.

Sound familiar?

--
Larry