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Technology Stocks : p-com (pcms)

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To: lazarre who wrote (1278)1/14/2000 2:03:00 AM
From: charlie  Read Replies (1) of 1461
 
biz.yahoo.com

Maybe bad, maybe not. But the bottom line is still that the management sold to somebody 7.5 million stock at some 50% discount, and these few made a cool 40 million dollars from the rest of the shareholders within a week.

If the management does not even have the ability to get somebody to do a second offering, how are they going to be trusted to run the company?

Mr. Roberts, you have made enough money(for yourself) and mess(for the company). Now please leave!

Charlie
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