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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (30350)3/17/2008 1:33:40 AM
From: Madharry  Read Replies (1) of 78659
 
I would be curious to know how much BSC stock was in employee 401ks and pension plan. It cant be fun too have your retirement assets shrinking from $100 to $2, and then wondering whether you will have a job next week to boot. I expect that there will be shareholder opposition to this deal. It is difficult for me to believe that a company could have its valuation change in 2 days from $9billion to $300 million with nothing fraudulent having occurred. That is serious wealth vaporization.
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