Hi Sy!
It's been a long time since we talked. I guess the shark ladies call you the "Silver-Tongue-Devil," although the last time I saw you, your tongue didn't look silver at all. More wine-red (or was that beer-brown), I just can't remember.
At least next year the "longs' will have a shareholder's meeting in the same general area, only just a short "hop-skip-and-a jump jog (or bike ride) across the lake. We'll still have a good time.
But now we'll have this Chairman guy named Naveen Jain to deal with. Apparently he only works about 20 hours per day, and is only worth 1 billion so far, although he did "dump" about 2% of his shares this past year. He probably felt he needed a few hundred million in petty-cash on hand. Perhaps he needed to remodel his kitchen, buy a major portion of Mercer Island...or whatever. I guess he use to work for some company called Microsoft (for about 7 years), until he went out on his own with this little start-up called InfospaceDotCom (they've recently dropped the DotCom part, thinking it wasn't cool anymore).
Then we have the current CEO of INSP, Arun Sarin, who use to be the CEO of the US/Asia Pacific Region of Vodaphone/Airtouch. According to that Naveen guy, when he hired Arun, "You hire a guy who's even smarter than you are, and let him work 20 hours per day also."
Then you have our old brilliant buddy Russ being added to the new "team," who will be the President of the "merged" company.
Funny thing is...behind the scenes or this whole deal is a real quiet and pretty smart guy, who's net worth more than many small countries. He goes by the name Paul, and has a real cool guitar collection.
It just doesn't seem fair to me, to have this many really smart guys in just one company. The Justice Dept. may declare that they have some sort of "monopoly" on intelligence, and sue to break up the company based on "too many brains per square foot."
This whole thing could be big. I mean really huge.
But I could be wrong, so do your own DD, and "diversify." <g>
Roger
PS. Pretty quiet thread tonight, so maybe I should short this whole thing, and buy pork bellies futures or something <g> |
