They need to look to the death care industry for an example of how not to do
this.
The top 3 companies are taking a pasting because of Accounting games. SCI
and Stewart Enterprises both played those games until it bit them on the
behind. They took my stock portfolio into the basement.
Russel
============================================================
Russel Madere, Jr. Senior Web Developer
ICQ: 5446158 http://www.TurboSquid.com
Just what the heck is a Turbo Squid?!?!?!?!?!? Ask me.......
============================================================
-----Original Message-----
From: Adrian Cooper [mailto:[EMAIL PROTECTED]]
Sent: Monday, September 25, 2000 18:13
To: CF-Community
Subject: Re: Class Action Suit Against Allaire Filed
----- Original Message -----
From: "Chris Montgomery" <[EMAIL PROTECTED]>
Sent: Monday, September 25, 2000 11:18 PM
> Forwarded FYI. It will be interesting to see how this plays out.
>
>From what I can tell, everything happened in due process and in the open.
The
most significant transaction was:
ALLAIRE, JOSEPH J. CB 140,000 S 08/04/00 $32.18-33.08 2,310,000
COM
The fact is that insiders. i.e. those managing the company, inevitably have
a
much better handle on the financial affairs of the company than those
outside,
but as long as everything is properly filed and declared on time - which
these
transactions appear to be - and the officers of the company make statements
on
the basis of current information, and which they can reasonable expect to be
accurate and in the belief they are true on the basis of that current
information - for external investors it is "caveat emptor".
Allaire stock closed today at 8.50.
Yes- I know there is now a CF stock list for these things, and we should
continue the discussion there.
Adrian Cooper.
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