SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stockman_scott who wrote (51887)5/22/2002 9:20:20 AM
From: Jim Willie CB  Read Replies (2) of 65232
 
Spitzer opens floodgates, as some believe issue closed
next will be countless shareholder class action lawsuits
Merrill is the immediate target
their settlement admitted no wrongdoing or liability

(I love that part, "we give you $100M in fines, but claimed we did nothing wrong)

lawsuits should stream in for the rest of the year
several brokerage houses will be targeted
the internet stock IPO's are the path of least resistance
investor confidence will continue to be shaken

I dont know where Voltaire believes sentiment is improving
and confidence is building
I see it as devastated, not to see rejuvenation for several quarters

time to start giving back the tainted money, BigHouses !!!
ANYONE WANT TO BUY A FRESH IPO ???
not even with catchy names like
RazorFish
RedHat
DrKoop.com
EatMyButt.com
/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext