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Strategies & Market Trends : Value Investing

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To: Mike 2.0 who wrote (8267)	9/17/1999 8:54:00 PM
From: Shane M	Read Replies (1) of 78842

Several days ago I was reading the Wall Street Journal's take on things, and I didn't particularly like what I heard. There's too much conflict of interest to suit my taste at the moment (but if it goes much lower I probably will buy at least a little <g>). I want TSG to be run by Sabre for the benefit of Sabre, and optimizing value for Sabre shareholders. I don't want AMR to be so heavily involved in calling the shots. Right now, the profit maximization function involves both AMR and TSG, and the CEO's resignation and subsequent stock action gives me the feeling TSG is being held back for the benefit of AMR. Here's to hoping there's a spinoff. This is about as ugly a move as I've seen a stock take in a while. TSG is consistently down even on good days in the market. Shane

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