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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mad2 who wrote (17543)2/24/2003 8:35:24 AM
From: RockyBalboa  Read Replies (1) of 18998
 
"Is 'Ahold' Dutch for 'Enron'?"

Too funny.

Yes and these are the things to come. European comapnies and those who feed them were good in hiding dirt under the carpet. Now with the usual delay the same things come out.
The US affiliate food service allegedly misstated the earnings by 500 Million.

Some 12B debt are affected by todays junk rating. There will be ramifications in european debt markets as well. Stock has GTZ chances.

I wonder that neither the european authorities nor the SEC imposed a trading suspension as this is a clear sign that previously made statements "shall not be relied on".
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