posted
Got it in the mail today. Apparently, CMRC, the once high flying $400/shr B2B stock of the 90's, a total scam --- renamed to CLO, now totally bankrupt.
Here's my question: who is going to jail? Someone surely ought to be. It's as bad as the enron deal.
Top people with these old scams should be in jail:
CMRC Commerce One PPRO Purchase Pro and I wish I could remember the third. Another bogus B2B.
But also at fault is Business 2.0 magazine, who informed the world that B2B was going to be a 2-3 TRILLION dollar business.
I traded through these times. Some good deals, some bad ones too. What memories.
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