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Technology Stocks : Presstek -- Stock of the Decade?? -- Ignore unavailable to you. Want to Upgrade?


To: Pierre Panet-Raymond who wrote (7593)12/31/1997 11:44:00 AM
From: Pierre Panet-Raymond  Respond to of 11098
 
To all, here is an interesting and imo unbiased view on the recent SEC settlement.

fool.yahoo.com

Here are some interesting excerpts:

"" What the SEC alleges Howard and Verrando did, after all, only makes sense in a world in which a company's executives see shareholders not as equals to be leveled with, but as sheep to be deceived and led. Why would it have been in anyone's interests for shareholders to think that the company was going to earn more in 1996 than it was? Eventually the numbers were going to come out. But short-term run-ups often allow those in the know to dump shares and reap enormous profits, leaving small investors holding the bag."

"The $2.7 million fine that Howard himself will be paying is among the largest that the SEC has ever levied against an individual. But the Presstek case is potentially historic in other, more important, ways...."

Thought provoking stuff in here.

Off Topic

Interesting variation on the traditional New Years greeting, in Barbados up until midnight Bajans greet each other with the following salutation. Happy Old Years Night.



To: Pierre Panet-Raymond who wrote (7593)12/31/1997 12:19:00 PM
From: Nanny  Read Replies (1) | Respond to of 11098
 
The point is...a lot of people did not read this months ago....although you faxed it to certain individuals....you did not post a link on the thread for EVERYONE to read. Not only did you post the link for EVERYONE to read the SEC report, you're posting old news reports from Yahoo dated Dec. 23 that's already been posted here! Seems you're being very selective in what you want to make "public" and what you don't. There's a lot of stuff in the lawsuit that EVERYONE should be aware of.

Why did you fax it to Neil and not post it on the thread?

<<<Your fingers must be tired from all that typing. Better
find that Advil bottle.>>>

Number 1: what makes you think I did "all that typing"?

Number 2: your statement about Advil sounds as though you're making fun of a certain condition attributed to old people. Isn't that a form of harassment?

Happy New Year to all!!