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Stocks F / Friedman's Inc.


Subject:  Re: Friedman's Falls Again Date:  5/24/2004  11:45 AM
Author:  ykoops Number:  28 of 28

I will appreciate any info that you come up with. I bought 1,000 shares last year in the $9.00 range and bought another 1,000 around the top, around $15.00. Fortunately, I did bail out back there a ways except for 200 shares and "limited" my loss to around $10,000.00!!
What upsets me so much, is the three year period of FALSE information by the brass on earnings, etc. As I understand it, they carried a BUNCH of bad in store credit in the accounts receivable (asset) column, instead of writing them off systematically as they went skew the numnbers so THEY, the upper management would be seen in a good light and received (undeserved) bonuses! These folks belong in jail. The Lord only knows how many hard working individual investors had their investments stolen by these crooks.....Ykoops
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