Greed breeds distrust and errors
Message ID: 158264
Posted By: manyhats23
Posted On: 2004-07-24 15:41:00
Subject: Greed Breeds Distrust and Errors
Recs: 12
SCOX is greedy, and they needed money to pursue their "Linux Lottery". The greed has given them ability to pump and dump shares, use their stock to buy other companies, and drain the cash equity out of the pockets of the shareholders. BayStar is also victim of its own greed, as well as Royce and Guardian.
What do all of these organization and individuals have in common? They let their desire for money to cloud their business sense and logic. We as uninvolved (directly) observers remark repeatedly on how these seemingly intelligent people could have made such stupid mistakes.
Their lust for money has also allowed them to compound their mistakes. The difference with this group, as opposed to others who have done the same things, is that the OSS community is watching them. This board, Groklaw and people like Perens and Raymond continue to shine a bright light on every stupid mistake SCOX, BayStar, Royce and Guardian make. While other stock frauds get away with scams like this, SCOX won't. This is in part due to the people here.
The whole greedy plan was shaky from the beginning, but with the OSS community continually revealing facts about what is really happening, the scam hasn't worked out too well.
Don't let anyone think that BayStar, SCOX, Royce, and Guardian aren't reading here (and Groklaw). They are. And they cannot stand the fact that we are ruining their snake oil "Get Rich Quick" schemes by revealing facts.
--m
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The text of this Yahoo Message Board post has been licensed for
copying and distribution by the Yahoo Message Board user "manyhats23"
under the following license:
License: CCL Attribution-NonCommercial-ShareAlike v2.0
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Posted By: manyhats23
Posted On: 2004-07-24 15:41:00
Subject: Greed Breeds Distrust and Errors
Recs: 12
SCOX is greedy, and they needed money to pursue their "Linux Lottery". The greed has given them ability to pump and dump shares, use their stock to buy other companies, and drain the cash equity out of the pockets of the shareholders. BayStar is also victim of its own greed, as well as Royce and Guardian.
What do all of these organization and individuals have in common? They let their desire for money to cloud their business sense and logic. We as uninvolved (directly) observers remark repeatedly on how these seemingly intelligent people could have made such stupid mistakes.
Their lust for money has also allowed them to compound their mistakes. The difference with this group, as opposed to others who have done the same things, is that the OSS community is watching them. This board, Groklaw and people like Perens and Raymond continue to shine a bright light on every stupid mistake SCOX, BayStar, Royce and Guardian make. While other stock frauds get away with scams like this, SCOX won't. This is in part due to the people here.
The whole greedy plan was shaky from the beginning, but with the OSS community continually revealing facts about what is really happening, the scam hasn't worked out too well.
Don't let anyone think that BayStar, SCOX, Royce, and Guardian aren't reading here (and Groklaw). They are. And they cannot stand the fact that we are ruining their snake oil "Get Rich Quick" schemes by revealing facts.
--m
------------------------------------------------------------
The text of this Yahoo Message Board post has been licensed for
copying and distribution by the Yahoo Message Board user "manyhats23"
under the following license:
License: CCL Attribution-NonCommercial-ShareAlike v2.0
------------------------------------------------------------