Ron, hope you enjoyed the Thunderbird.....re: cleaning up, don't worry about it, that's what God created bacteria for. In the midst of your very lucid outpouring, I stubled across this gem:
>>>the sec and fbi will crucify sexi as an example.... lets get real for a moment.... the sec wants to prosecute these brokers for any little thing they did.... in this environment, do you think they will let sexi off with a slap on the hand... <<<
Now, let's apply what we know about human nature and how it carries over to the business world. In this "free society" a person is supposed to be innocent until proven guilty, but who among us would want to be in the position of say a suspected child molester who has been acquitted after an investigation? That person might as well go off in the desert and do the "noble" thing, ie; commit suicide. This is a harsh reality, but one which comes from "mob rule".
In the eyes of the Law, there should be no difference between an act of momentary passion resulting in death, and a cold calculated gruesome murder....the net result is the same, the victim is dead. The difference in circumstances could result in the perpetrator getting say, community service, or the death penalty.
My point being, SEI management may be caught up in something that is less than premeditated murder, keyword "may", but in the eyes of the investment community they are dead meat IMHO. Nobody is going to want to go near them, especially such staid customers as the federal government. I mean, we all know what a bunch of crooks "they" (the fed) are, why attract the scrutinizing eye of a rival agency? IMHO there is no way to give SEI a meaningful clean bill of health.
And this is probably as it should be. In the business world, what potential customer is going to risk the possibility that their supply of product could be stopped even temporarily by investigations prompted by even the appearance of impropriety? Especially when there is a multitude of competitors whose names are known and respected.
A question I have asked before....it has to do with "settlements" over past dealings with SOFTWARE OF EXCELLENCE. Who are these people? How many shares did THEY receive? Is this detailed in either the 10K or 10Q's that were released? Is there a "gag" clause in the settlements? Why has NOBODY ever responded to this? Is this the question that got me booted off the forum? I mean is it possible there is dirt under this carpet that has been there for a LOOOOOOONG time? Someone knows much more than they are telling here.
Some of us would like to believe that the "autopsy" will produce a single defective organ which led to the expiration of the patient, I would submit to you that we have been dancing with a corpse for a while and didn't know it.
We should have policed our little "information" forum better. Persons of unknown identity coming and going at will toss out bits of "information" that went unchallenged for the most part. |