Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : FPA Medical Management - FPAMQ -- Ignore unavailable to you. Want to Upgrade?

To: Ben Beale who wrote (900)	7/14/1998 11:05:00 AM
From: Vanni Resta	Read Replies (3) \| Respond to of 1110

Ben wrote: "FPA claimed at one point to have $1.2 bil. in annual cash flow, but the 8 or so lawsuits that have been filed alleging securities fraud cast doubt on management's veracity." This is an absurd comment. Where are you from, France? Have you ever heard of the concept of 'innocent till proven guilty?' Any bozo (you don't even have to be a lawyer) can file a lawsuit. And unfortunately, many of them do. The fact that bozos freely file lawsuits says much more about the state of our legal system, than it does about the defendants in the cases, about which the lawsuits prove absolutely nothing. And btw, a potential 7/8 loss vs. an upside of, say, at least $5 inside a year, is a much better risk reward profile than what you describe. Happy Investing! Vanni