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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (46222)2/9/1999 10:32:00 AM
From: Earlie  Read Replies (1) | Respond to of 132070
 
LT:
He's in a rock-hard-place situation. If things have slowed (they have) and he doesn't own up to it, thinking that another quarter's worth of splippage can be masked with some further accounting slickness, he runs the risk of donating a good part of that $1.0 billion back to the shareholders as a result of BIG class action suits. I dislike the "extortionist" aspects of many class action suits, but this one would be a beauty, given the circumstances. We'll know this evening.

Best, Earlie.