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Author: IVANTHEFOOL Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 89  
Subject: NEW CFO Date: 3/23/2005 8:44 AM
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Please to see that Hypercom has hired a new CFO to handle finance and administration.

Believe that this is warranted due to the poor guidance that had been
provided, the lack of internal controls, and perhaps even the mess with the Brazillian ministry of health. If these guys are serious the financials and guidance will be squeaky clean from this point on.

Based upon this and the low multiple to book took a position yesterday morning but will continue to watch this closely and have a 90% stop loss in place.

Herb
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