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Technology Stocks : Emulex, What Prospects?

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To: HoyaBob who wrote (552)8/25/2000 11:27:08 PM
From: Abner Hosmer  Read Replies (1) of 788
 
>Securities fraud is the government's business, IMHO. Million of dollars were lost today, because of this fraud. Private citizens have little or no remedies against such behavior. Were this behavior the norm, the capital
markets would collapse, as would our economy. I think we need to distinguish between the normal risks we
undertake in investing and the lies and deceptions which cost many individuals lots of money w. EMLX.<

Well stated. What are we all supposed to do now.. forget about entering a stop-less ever again? Give me a break. The consequences will be lasting if this is allowed to stand.

What a great way to undermine confidence in the markets. If the exchanges can't, or won't, defend themselves against this, it's bad news for everyone.
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