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Re: Snackman post# 42237

Thursday, 05/27/2004 11:01:09 AM

Thursday, May 27, 2004 11:01:09 AM

Post# of 249167
Snack, whether Wave mgmt has "lied" remains a matter that is being investigated by about 3 dozen+ plaintiffs' lawyers as well as the SEC.

suspect you have read at least some of the various pleadings: the phrase "fraudulent scheme" & other similar iterations is used many, many, MANY times.

you may someday wake up to find that those plaintiffs' lawyers &/or the SEC announce to the market their proof "that a CEO of a public corp LIED to its shareholders."

there "could be some liability" for lotsa things Snack, but i sorta doubt Kev's statement is one of them. Far too many things in the public record over the years of what Zen might call "exaggeration" in addition to those pesky pleadings that allege securities fraud, scienter, artificial price manipulation based on false and misleading public statements, etc., etc.

one thing is fer sure -- either you & other like-minded voids will someday be thoroughly vindicated, OR, the wavx gadflies will be proven to be prescient Cassandras.

of course you don't believe SKS has ever lied.

good luck!


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