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Technology Stocks : CAWS - Wireless Cable (New and Improved)
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To: Ken Turetzky who wrote (5606)9/14/1998 4:25:00 PM
From: webpilot  Read Replies (1) of 5812
 
In the spirit of a fair assessment of the CAWS spectrum and all of its assets, did CAWS management mislead the Bankruptcy Court and The Judge by not valuing Caws with 2 way authorization. I say this because Caws management itself was very aware of the nearness of such a decision. CAWS was under an obligation to obtain a second evaluation and appraisal. Every company obtains second opinions and the stockholders certainly are entitled to it. I am sure such an appraisal would have noted and placed a number on 2 way authorization.

It is the same thing as hiding a defect, it is illegal. Therefore hiding an asset, circumstance or value should also cloud the title of the assets and expose management's intentions.
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