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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Jill who wrote (11957)12/4/1999 11:33:00 AM
From: Mike Buckley  Read Replies (1) of 54805
 
Jill,

I suspect that I don't understand your comment/question. Even so, I'll give it my best shot.

Mike, do you think he's equivocating because he's looking for the best deal (i.e. if the deal disappoints the street, stock gets slammed?) or that he's honestly backing off? I would be very distressed to hear the latter.

I want Jacobs managing the company, not the Street. Yes, I realize that effectively communicating with the Street is part of the job, but not managing the Street. To that extent, I'm confident he is looking for the best deal, but not because of the Street's reaction -- because the best deal fosters the long-term health of the company.

Ahem, these are the things that make options very risky. :) Ya never know what's gonna happen to the price of the stock in the short term even though the dynamics at play could at the same time help the price of the stock in the long term.

--Mike Buckley
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