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Author: DutchMark Big gold star, 5000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 490  
Subject: Re: looks like its over Date: 2/28/2008 2:55 PM
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My goodness, I go on holiday for a bit...

Although I have been a skeptic for some time now and don't currently own any shares, this sudden implosion shocks me still. The huge loss of shareholder value in such a brief time makes me suspicious even of foul play. At the very best shareholders haven't been sufficiently informed about what's going on.

I have said on several occasions, management looks incompetent at best and deceiving at worst. I would say it's just not possible to be this incompetent if I hadn't actually seen it happen for real.

If you believe management acted in good faith then I think it's obvious their downfall has been trying to grow too fast, making them stretch too much. I've written before I'd be more comfortable had management tried to grow 50% per year instead of 250%. If actually they had a chance to survive in the first place of course.

Mark
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