To: Adrian du Plessis who wrote (1233 ) 6/18/1998 5:32:00 PM From: Wizzer Read Replies (1) | Respond to of 1598
One gets the impression that off-line writers don't always read through SI posts to learn for themselves the facts or context - rather they rely on other print stories for some of their info... well, it's a start! There also never seems to be any reference by the media as to whether there was truth in the posts in question. They don't care if the people that posted were correct or not. It's just a good story that they can run with and often make those using the internet seem "radical." The companies always seem like the "victims" in all of these dealings and those investors that put their hard earned money into companies seem like the "attackers". Phillip Services complained that they were being unfairly slammed on the Yahoo boards. What the hell are people supposed to do? Should they say, "Oh well they lost 90 million dollars worth of inventory.... let's give them another chance." The idiotic nature of certain companies, in response to postings on the internet, boggles the mind. I figure that as a company, if you fool around with people's money, they will get pissed off at you. Common sense. These company executives should be called idiots! Don't let me get started on Corel and insider trading B.S. Plain and simple, insider trades should be declared and available immediately to facilitate a "level playing field" for everyone. Overall, there appears to be little fiduciary responsibility among many companies that trade on various exchanges and the exchanges themselves. When this lack of responsibility becomes apparent, then the companies don't want to take the "heat" for it. Any investor would find this repugnant and it does reflect on the poor moral nature of those responsible for "taking care" of our investments. Perhaps, all the irresponsible companies used to be able to "sweep the dirt" under the carpet and hide their actions. Well, all I can say, is get responsible and "Welcome to the Information Highway"!!!