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Technology Stocks : SmarTalk (SMTK)
SMTK 1.210-16.6%3:12 PM EST
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To: moisha who wrote (274)1/20/1999 8:09:00 PM
From: Noblesse Oblige  Read Replies (2) of 283
 
Yes, Moisha, you are missing something.

SMTK was running out of the requisite cash to keep operating. If they went out of business, all the owners of phone cards would have been left holding worthless plastic. A good class action lawyer would have taken the officers of SMTK to the cleaners.

You understand now?
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