The Slashdot Stock Scam

from the how-Wall-Street-works dept

Chris sends in the following quote from a recent article about stock offerings that it finds questionable: In other words, the only really valuable asset Andover.net ever had�its cash from the I.P.O.�was creamed off by the company�s insiders almost the very instant they got their hands on it, leaving VA Linux�s shareholders to face a 100 percent increase in the float of their own stock for the privilege of winding up with the worthless trash that the Andover.net bunch dumped at the very first opportunity."
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  1. identicon
    wonko, 18 Feb 2000 @ 8:23pm

    VA Linux stock...grr.

    As a shareholder of VA Linux, I agree wholeheartedly. Andover.net is the most worthless company I've ever been involved with, and I was infuriated when I read the announcement that they were being bought by VA Linux. Grrrr.

    link to this | view in thread ]

  2. identicon
    Anonymous Coward, 18 Feb 2000 @ 9:03pm

    Amazingly

    Slashdot.org won't actually post the article.
    Amazing eh?

    link to this | view in thread ]


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