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Technology Stocks : AWE - ATT Wireless
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To: onurbius who wrote (183)10/25/2000 10:44:10 AM
From: engineer   of 329
 
I am confused in how the market works. I guess Armstrong and T are just too "old school" to get sued like PCLN, but aren't they really doing exactly the same thing?I mean T TOOK $10.6 B from the AWE investors in cash and promptly lost it in the market. PCLN only lost $500M. When PCLN told investors they had a loosing biz after a few quarters of telling everyone they were going to make a profit and that rasing more capital was going tohelp, there wre only about 50 giant law firms jump up and sue them for stock fraud.

At what point is T doing the same to it's investors and hard working employees who mortgaged their houses and borrowed on their credit cards to finance AWE?
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