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Strategies & Market Trends : Banned.......Replies to the A@P thread. -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (3560)	4/19/2005 5:57:23 PM
From: Janice Shell	Read Replies (2) \| Respond to of 5425

Someone posted about CEO's knowing that their stock would be shorted. I would have assumed that also. However, I have had more than a few conversations with management reps over the years who said they "trusted" the off shore boys when they said they wouldn't short their shares. I'm sure such people do exist. But toxic convertibles have had a lot of press over the last few years, so ignorance is no excuse. Don't these CEOs hire securities lawyers to vet financing contracts? If not, there's a good chance they're too dumb to run a public company.