TomSelleck, all the LS staff were retrenched on Monday. They will have to wait for up to 6 months to get their money. I believe only a few have been re-engaged.
I understand Frank is out and left will all the debt. It appears that ComputerCorp paid very little for the LS assets and contracts. I don't know whow they will carry on the exisiting LS contracts without the LS staff. I presume they want the buy-in and relationships with all the big manufacturers and the customers that have stuck with LS?
Al Baby.
CZP Price at posting:
4.9¢ Sentiment: ST Buy Disclosure: Held