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Strategies & Market Trends : Floorless Preferred Stock/Debenture
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To: Mama Bear who wrote (606)7/10/1999 11:58:00 AM
From: Zeev Hed   of 1438
 
Mama, management may be excellent in one phase of their business and completely at a loss on another. Furthermore, in young companies, they have a tendency to self delude themselves and count "plans of success" as if these are actual success. They do get into trouble doing this of course, but their presence allows those floorless bandits a fertile ground with which to work. Megalomania is not uncommon in those circles either.

Zeev
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