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To: KeepItSimple who wrote (160077)	4/15/2002 3:13:32 PM
From: GraceZ	Respond to of 436258

And you are taking that statistic from what data? Most companies fail. They either fail right away or they fail eventually over time. Even if they succeed they frequently never throw off a decent return for their shareholders. This has been the case throughout the history of capitalism. The great thing is that the ones that survive and thrive are pretty easy to find, they are hidden in plain view. What killed these companies that you say were only taken public to scam the public out of money wasn't so much that they didn't have real businesses, but that there was far too much capital being thrown at them by the gambling public trying to get rich quick. Companies do dumbass things when they have too much capital, the same way people do dumbass things when they have too much money and don't have to work for a living.

To: KeepItSimple who wrote (160077)	4/15/2002 3:48:07 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 436258

kis, i come down on the side that j6p stuck his foot straight out and then kicked his own *ss as hard as he could. ipos are neither good nor bad. it is how you use them. of course insiders will monetize investor ignorance based on greed. j6p shouldn't have been greedy. sure, folks told them lies. ya know what? j6p ONLY wanted to hear LIES. they got what they wanted. they just didn't know what they wanted always ends badly. well, my guess is they did KNOW. they just hid from the truth b/c they didn't want to hear it.