On parachutes, an acquirer could offer, say, $3.50 with them or $4.00
if they were cancelled, putting mgmt under severe pressure to cancel
them, under the circumstances (especially since they might come out
OK, with their large stock positions).
On earnings, I was just paraphrasing mgmt on the conference call. No
one asked what that might mean, or what might have to fall into place
for that to happen.
On the call, in response to my question, mgmt did say they have always
been interested in shareholder value, and not adverse to a takeover,
and did recognize that a larger company might do better with their
products. If you know some companies that might be interested, I
would send them a headsup to the effect that DWCH might be interested
in an offer, and that you certainly would be. |
