Emulex

jf noonan jfn1 at msc.com
Thu Aug 31 15:02:21 PDT 2000


Well they caught the guy that did the fake press release which caused the 60% decline in its stock price last week. The CBS radio news report said that the prank "almost caused the company to fail". Now I don't know what kind of shape that company is in to begin with (I used to be a customer back in my VAX/VMS days -- I didn't know they were still in business) but how would the stock price tanking put them in real jepordy if they were profitable? It's not like Emulex had to give everybody their money back...

--

Joseph Noonan Houston, TX jfn1 at msc.com



More information about the lbo-talk mailing list