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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Larry Brew who wrote (10774)4/15/2002 9:47:41 AM
From: im a survivor  Read Replies (1) of 10786
 
I assume everybody saw the "expose" in Biz Journ. about Gruder.......even made front cover I believe....was not very flattering to say the least.......talked about all his big talk and no follow thru over the years....misleading investors and employee's......talked about his new house on the lake...how he got rich at the expense of naive shareholders......Basically they called him a crook, just in "safer" words.........hey, the truth is the truth....I again asked an employee of the company " without telling me anything specific that is going on at IARC, would you buy this stock right now"....again, the answer was " I wouldn't buy it at .05cents with your money"......Not a big vote of confidence coming from an actual employee.....from what I understand, most of IARC's employee's have resumes out all over and are willing to take almost any job to get away from IARC while they can......anyway, thats what I heard...rumors are rumors and should not be taken as fact....just things I heard....have no idea if there is any truth to it.......good luck to the longs....yep, I am long gone from this baby but still know alot of people still in it and hoping for a miracle.....as much as I dislike Gruder, for the sake of shareholders, I hope IARC manages to come back from the dead........
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