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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (337143)1/3/2003 2:55:41 PM
From: Baldur Fjvlnisson  Read Replies (2) | Respond to of 769670
 
Buddy, I did mention that if those scams had accounted for

stock option expenses it would be clear that some of them hadn't made a penny from operations for years.

Of course the market has discounted this to some extent and as a result U.S. private and public pension funds are holding the GIANT BAG in these scams.

Stock watering scams like MSFT, CSCO, INTC, ORCL and scores of lesser scams modeled after these have sales of $1-5 per watered down share. So you can do the math. Most if not all of this junk will end up at $5 or below that. Many are already there.

Nasdaq needs one big reverse split to get rid of the worthless shares.