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Date: | Fri, 22 Feb 2002 17:04:22 -0500 |
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Exactly.
It's unfortunate that Walter H. threw out a plan of his own, because it
allowed Carly&Co. to debate the merits of their plan vs. Walter's, rather
than justifying their plan on its merits.
At 03:53 PM 2/22/2002 -0600, John Lee wrote:
>And a quote from said item:
>
> "Hewlett has tried to keep the fight focused on whether to
> approve the merger, while management has argued that
> investors needed to be presented with a clear and
>preferable
> alternative in order to vote against the deal."
>
>Why do I need to be presented with an alternative in order to vote against
>the merger? Shouldn't we be voting on the merger based on its own merits,
>its projected profitability, its payback potential? It almost strikes me
>as panic-stricken management..."we're not sure what to do but let's do
>something...let's throw money at something".
--------------------------------
Tom Brandt
Northtech Systems, Inc.
313 N. 1st Street
Ann Arbor, MI 48103
http://www.northtech.com/
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