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Biotech / Medical : FPA Medical Management - FPAMQ

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To: jack crane who wrote (984)7/20/1998 9:09:00 PM
From: AC   of 1110
 
Being a former Big 6 auditor, I'd have to say that the folks at Deloitte & Touche are probably shitting bricks right now contemplating the malpractice payout they'll have to make for screwing up that audit. You're right on the money in stating that a lot of folks kept they're traps shut, esp. when Flam and Lash were spouting off about the "excellent financial health" of the company....what a freakin joke!!!!!!

Even though I only lost a few grand on this bullshit stock I hope the lawyers put the thumbscrews on the everybody involved for the sake of everyone else who lost their fortunes.

As for my decision to get into this gamble (and I use that term accurately), I fully knew the risks involved but I never thought that mgt. would act so unscrupulously toward their shareholders.

An expensive lesson learned indeed......

AC
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