To: thewiz who wrote (75 ) 5/17/1998 12:45:00 AM From: Adrian du Plessis Read Replies (1) | Respond to
thewiz, I don't think Robert or anyone means to be insensitive to the plight of the small investor. That'd be blaming the victim. What I read Robert to say, and I fully agree, is that the concerns and problem areas at YBM should have been common knowledge to securities industry professionals - those characters getting paid the big bucks from sales commissions, or advising clients or managing mutual funds. It's their supposed due diligence on which the public relies. It's their names and reputations that lend legitimacy to junior stocks in the eyes of investors. That the job done by brokers, analysts, fund managers and advisors is, too often, so woefully inadequate is as much the story as is the failings of those public companies themselves.
