Trey - if it is a lawyer to talk to about ousting Stein, maybe. But if it is a lawsuit to get money out of VLSI, why? Lawyers don't create money - they will just move it from VLSI cash reserves into our pocket (and even more into theirs). Given that we own the stock, and hence the cash reserves, anyway, what is the point? Besides, what did Stein do that was illegal or even unethical from a long term perspective. He exercized (sp?) his rights as CEO. He may well be guilty of poor judgement, but ... . JMO
Clark
BTW - Anyone looked at LSI stock since the deal fell through. Their stock has fallen by almost as much as VLSI's. I certainly wouldn't want LSI stock given that their stock is more inflated than VLSI then and now, and with fewer prospects as a company.
PS Dan - You assume Present Value is an immutable determined number. It isn't. Do a present value calculation with negative earnings (two or more solutions) or with growth always a little more than the interest rate (infinite). Present Value is, philosophically, dependent on time horizon. Thus, for this reason and others, it is completely rational for a SOES bandit to be annoyed over a small blip of 1/4 point over 10 minutes when you, the day/week trader says 'who cares'. But they, and you, shouldn't expect everyone else to be equally annoyed. |
