Cylink Sued for Stock Fraud

[Steve Schear]

>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