PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: ColleenB who wrote (30712)	4/2/1999 8:03:00 AM
From: ISOMAN	Read Replies (3) of 43774

Why are you assuming PABN did something wrong? If RMC cooked their books, Johnny, would have seen cooked books, and it wouldn't have been until they were audited that this Misleading information was caught. Why are you assuming PABN did something wrong? The Telabs/Cienna Merger was basically a done deal. Cienna ran to $92 based on that Done Deal. All that was left was basically a shareholders vote, which was basically in the bag since the majority shareholders had already voted yes. one hour before the vote, AT&T announced they would not use CIEN's technology. The merger fell apart. The CIEN price Fell to $8.50 (Note it is now $23 shows you what 4 months does after all the panic and mahem setlles.)

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