Here's a copy Yahoo message that describe the false rumors. It's posted by RAMJI125.
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In February, the Pdx Slammers said "watch out, these guys are all crooks, hiding bonuses, fraudulently keeping their books". NOT
In February, the PDX Slammers said, "watch out, these guys are going to have to restate earnings for 1998 and also for previous years; earnings are going to disappear." NOT
In March, the PDX Slammers said, "watch out, these guys are playing around with their accounts receivables and will be going to jail when the audit is done." NOT
In March, after a CLEAN AUDIT REPORT, the PDX Slammers said, 'watch out, these guys got away with a clean audit but the impact of accounting changes on first quarter earnings will wipe out earning." NOT
In April, after PDX announced they expected accounting changes, legal fees AND added audit fees to reduce earning by 3 cents per share. The PDX Slammers said, "watch out, these guys are surely hiding SOMETHING." NOT
Now, the PDX slammers say "the impact of the investigation will bring PDX to their knees and reduce PDX to a penny stock."
After 8 weeks of reading the PDX SLAMMERS we should all get the message. Slammers are just Slammers. They haven't been right even one time.
Still Long, believing PDX to be an excellent value play for long term investors.
post.messages.yahoo.com
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