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Technology Stocks : GX Investors Thread -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (528)2/7/2002 10:02:22 AM
From: DWB  Read Replies (2) | Respond to of 586
 
Well Maurice,

I don't want to blow sunshine up your skirt, but I hope that was a small Tonka truck, and it was "mad money". My biggest issue at the moment (other than the fact that the stock is in the crapper) is the disregard management has shown for the current owners (i.e. shareholders). I'm not sure even if they turn the company around that I'd want to own stock in a company that cares so little about preserving my ownership interest. One minute they are telling us everything is sailing along, and then they're selling the whole deal to a couple of their Asian buddies for a pack of chewing gum and a Mickey Mantle rookie card, and all I get is the wrapper... Who is to say that they won't reorganize, issue new stock, and screw the next set of investors the same way somewhere down the road...?

The system obviously has great value, and someone is going to make a fortune off of it's utilization in the near future... I just don't think I can pin down who those people who are going to get rich are... but at the moment I'm pretty sure it isn't going to be me (note... I'm still holding all my nearly worthless shares at this point.. hoping for a small bounce or a different reorganization plan).

DWB