Yuck XO is in more trouble.
http://www.newsbytes.com/news/02/176703.html
Ichan tried to take over my South Bay Company too before I moved back to Oregon. Funny how our stock was victim of a misinformation campaign right before he tried to take it over.
Shoot, I've been hearing these stories for six months, though. I wish they'd go bankrupt already, re-emerge and give me a new set of stock options to make up for the ones they've flushed. ;-)
My options had double split and were worth around a million dollars when the stock tanked and when I left the company they were worth nothing. The company even gave us some new options that also had tanked as well. Too bad I wasn't fully vested but at least I got my new truck and a trip to Wrestlemania (2nd row seats woohoo)out of it.