Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?

To: Baldur Fjvlnisson who wrote (1745)	1/30/2002 1:29:34 PM
From: The Duke of URL©	Read Replies (1) \| Respond to of 5185

It is NOT the job of the SEC to wipe your nose. ALL the SEC does is insure full disclosure. That the prospectus and the quarterly reports tell you all the MATERIAL facts. If 3Comm splits off a company, lets call it "Palm" and in the prospectus it declares that even if they sell one to every man, woman and child in the universe, they still will not make enough money to support the market cap. And you buy it a 130 and it goes to five. You may not like it but the SEC has done their job. They do not attempt to tell you which companies not to buy. THEY DON'T KNOW. They only thing they can do is insist on full disclosure. I do not wish to appear, insensitive, but any one who did not understand this should not be in the market. I could go on.......