FreeMarkets Inc-(FMKT) Message Board

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Technology Stocks : FreeMarkets Inc-(FMKT)

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To: Tom Hua who wrote (237)	1/20/2000 4:18:00 PM
From: Steve Antonelli	Read Replies (1) of 414

>>> Steve, the lawsuits cover shareholders who bought from ipo date up till Jan 4th. People who were hurt by management's concealing of critical and material information . As a result they lost a lot of money. <<< You know Tom, one thing you seem to be implying is that FMKT is already guilty. Last I heard, the way it works is innocent until proven guilty. As a shareholder since IPO day, I don't view my holdings as losing money. I have not sold one share, so what have I lost? My paper holding has taken a bit of a correction, but I don't view it as "losing money". Long term holders, whether they bought at $48 or $348 will not lose money, if ... 1. they continue to hold 2. the company executes it's business plan Even if FMKT loses this suit, it may only have a temporary effect. Personally, I have not lost any confidence in the company as a result of all this.

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