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Strategies & Market Trends : Value Investing

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To: Daniel Chisholm who wrote (11193)9/27/2000 2:05:20 PM
From: rjm2  Read Replies (1) of 78644
 
Insiders own very little stock so them not tendering is nothing to jump up & down over. I thought I read that Synder & PPM both planned to participate but did not specify a price. They got access to material non-public info back when they shopped the company all over the street and the best they could come up with was $5.25 non-firm.
So these guys will be selling at a LOSS despite the value.

That worries me.
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