EATON'S IPO (JUNE 2ND) Message Board

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Gold/Mining/Energy : EATON'S IPO (JUNE 2ND)

ETN 383.12

-1.2%

Oct 30 3:59 PM EDT

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To: n.p. who wrote (7)	1/5/1999 12:39:00 AM
From: Serge Collins	Read Replies (1) of 68

It's a lucky thing that Eaton's is a Canadian company and not an American one because the lawyers would be all over this one. Their IPO was a con job where they basically mislead investors in order to sell shares to a gullible investment community. There was never any chance of them meeting their numbers, in fact they started the revisions before the ink had even dried on the prospectus. Funny how no one has raised the slightest fuss about any of this. Which is it -- embarrassment or complicity?

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