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To: Bill who wrote (17761)7/18/2002 1:21:11 PM
From: Lane3  Read Replies (1) | Respond to of 21057
 
I put my trust in professional investigators ahead of a bunch of agenda driven cynics.

That makes a lot of sense to me. Now, if you could just grasp the meaning of what was said by those professional investigators that you so trust... Sigh.



To: Bill who wrote (17761)7/18/2002 10:31:39 PM
From: Dayuhan  Read Replies (1) | Respond to of 21057
 
he sold two months before earnings were announced and weeks before the writeoffs were considered.

Will you please wake up? Earnings get announced when? 4-6 weeks after the books close on the period being reported on, generally. When would insiders start to realize that a quarter is going to be a really bad one? About halfway through the quarter, maybe a little more. Do you really think that company insiders aren't aware that writeoffs are going to be necessary well before they are openly discussed?

The sale took place exactly when you would expect a sale based on privileged information to take place. Well informed rats don't leave the sinking ship when the deck chairs start to slide. They bail when they see the leak.

Look, I'm not saying the guy is evil, or that he should be impeached, or punished. He just cut a dodgy stock deal. So what? It's not exactly uncommon, and it certainly doesn't mean he couldn't govern. The problem with Bush is not that he cut a slightly dubious business deal (likely more than one, if you look at some of the ramifications of the baseball business) back before he entered politics, but that he's an exercise in mediocrity who would, like his flip-side Gore, probably be posting on the penny stock threads at SI if Daddy hadn't been politically connected.