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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 176.31

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3:59 PM EST

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To: Maurice Winn who wrote (38846)	1/19/2004 10:33:38 AM
From: Art Bechhoefer	of 197082

>>I'm surprised the management who wrecked the whole thing have been left in charge of it during bankruptcy proceedings. << Maurice, that's pretty much the way the bankruptcy law works. You can continue running your company in bankruptcy, even if the world knows you are both stupid and corrupt. There are many, many examples. The bankruptcy court is not the place to improve management quality but exists simply to find a way to get rid of distressed assets. And as far as finding an equitable solution to a company with financial problems, most judges couldn't care less. Art

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