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Re: dfh post# 2114

Tuesday, 02/04/2003 12:44:16 PM

Tuesday, February 04, 2003 12:44:16 PM

Post# of 23712
Don...IMO organizing any shareholder action/leverage in our situation is close to impossible. Management/large shareholders hold most of the cards and can easily impede/ignore the "little guys".
If, on the other hand, fraud or other illegal activity is occuring (which I don't believe to be the case here), shareholder recourse/leverage increases, but the outcome is just as futile, as assets have typically evaporated.

Our only realistic course of action is either "wait and see" (inaction), or sell. Both suck, currently.

Best,
hockeydoc