Mold: The Hysteria Among Us
- Topics:
- Commercial Litigation
- Tags:
- CRC Press,
- Earnings,
- Finance,
- Financial Accounting,
- Internet,
- Internet Company,
- Investment,
- Stock,
- Wall Street
- Source:
- CRC Press
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Overview: Mold litigation is quite man-made. The present mold climate is reminiscent of the stock market in the late 1990s, when the shares of technology and internet companies, despite their lack of present earnings, and none in sight, went through the roof. What enabled this situation to happen was Wall Street’s temporary abandonment of its time-honored basis for measuring a stock’s worth –earnings. But once the Street went back to valuing technology and internet companies in this traditional manner, the air in the shares came out very quickly and only those companies with substance were left standing. Likewise, the uncertain science and the lack of standards for permissible exposure levels to indoor molds have enabled an environment of “irrational exuberance” over it to exist. However, the clarification of such issues will likely have the same effect as Wall Street’s return to sanity and an objective standard for stock valuation. Once there exist permissible exposure levels to mold, it is likely that only those claims that are legitimate will survive.
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Format: PDF | Size: 148KB | Date: Jul 2002 | Pages: 26
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