Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jeffbas who wrote (6156)	3/2/1999 11:00:00 AM
From: Mike 2.0	Read Replies (1) of 78481

Jeffrey I agree with you wrt shareholder suits in general. There are two types in a nutshell: (1)accounting debacles, in which lawsuits and quite possibly handcuffs are definitely justified; and (2)garbage suits where a company misses by a penny or forecasts difficult future, stock gets a short term haircut, and the bottom shelf legal firms find at least one dufus with a pulse and an odd lot of shares to be the lead plantiff in a phony-baloney lawsuit. That said, OTOH, I take very seriously suits from angry clients who feel they have been burnt by lofty ERP promises and/or poor implementation. True, in such cases there is often plenty of blame to go around, especially when an ERP vendor signs on an unqualified customer lacking core competencies to make an ERP install successful. But these IMO are the suits to be taken seriously as an investor. As previously discussed on this thread, I welcome more discussion on specific ERP client versus ERP vendor(s) litigation. Cheers...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next