Thread: Are we fucked?
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Old 07-21-2002, 09:43 PM  
ChrisH
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Join Date: Aug 2001
Location: New York
Posts: 1,355
Quote:
Originally posted by Just the Village Idiot


They didn't pull their money out -- they invested it poorly (at least at the end) and lost it.

The people I feel sorry for are the employees who bought into the fantasy management sold them.

Take a page from Warren Buffet -- never invest in a company when you can't understand their financials... he lost money in neither.

As far as the investors that were too stupid to know what they were even investing in.... I agree, that's on them. However, they were lied to in the quarterly statements.

But you're right about the employees that got screwed over and couldn't sell while it was falling like a brick.
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