WWFE - World Wrestling Federation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WWFE - World Wrestling Federation

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HandsOn who wrote (69)	2/5/2000 10:01:00 AM
From: Ben Wa	Read Replies (1) of 77

Question for the planet - Given the scale & planning that is/would be required to launch a new football league, (not to mention money), should we assume that WWFE was working on this at the time of the IPO? If so, didn't the WWFE and the underwriters have a legal obligation to disclose it in the prospectus? The money that WWFE is going to spend on the football league is significant enough to have created analyst downgrades and the stock to plummet. With WWFE planning on spending a lot of money on the football startup, I guess the proceeds from the IPO come in handy. Gee, what a coincidence. I wonder what the investment banking departments of the underwriters knew or didn't know at the time of the IPO and what they passed on and didn't pass on to the analysts covering the stock. For all we know though, everything might be totally above board, though. Awww, well maybe WWFE can get Monica Lewinsky to play center. Assume the position.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next