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Thornburg Value Manager Could Be the Next Bill (Miller)

 

Who says two weeks is an eternity in Internet time?

Many of you have written in wondering what to do about Kevin Landis' pick for the stock to own in 2000. (Proving sarcasm is not in short supply on the Net, one reader says simply, "If you see Kevin Landis again, please tell him thanks for the LGTO recommendation.")

Yep, investors dumped Legato Systems (LGTO Quote) when the developer of data backup and recovery software failed to meet fourth-quarter earnings expectations and announced it was changing accounting practices. Dumped may be the nice way of putting it -- the stock lost nearly half its market value in a single morning. ...

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