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Strategies & Market Trends : cash-rich dot bombs

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To: Glenn Petersen who wrote (124)	12/26/2000 11:09:15 PM
From: EACarl	of 184

Glenn, RE <<There are no guarantees that the management of these cash rich failures will act for the benefit of their shareholders. Self interest is more likely.>> Absolutely correct. In this situation, management is basically trying to steal the company from minority shareholders at a value of less than net cash per share. Disgraceful! I see some of the minority shareholders have already filed suit to block the deal. Good for them! I would be doing the same thing. yahoo.cnet.com

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