Upon reflection I think there has been an overreaction to the same old administration stuff we have been going over for half a year.
I know enough to skip Samborski's pastes, never anything original but disguised to look fresh and usually a challenge to anyone to knock the buffalo chip off his shoulder. Through the looking glass darkly. No, I will not rise to the bait.
Alys, your post # 807 is normal for a stock mired in the tax loss blues this time of year. Stock actually held well last week. Basically one large seller (Herzog, brokering for someone) and one new marketmaker, Wheat First. Wheat, Gruntal and Legg-Mason mostly on the buy side.
Manfred, you're always a breath of fresh air. Thank you. No wonder you have lived long and prospered.
Jack, We'll have some of the TNT verdicts in '98. One endorsement is good for all indications, of course, while one failure is unique to that particular cancer, naturally. They have overwhelmingly been positive so far. I think the new CEO will give such a spin that we tired old shareholders will be born agains.
Shero, Ed Legere said that the CEO candidates would be presented by year-end, not annointed. I trust they will all prove worthy but approval should not be an overnight event. They have a fiduciary duty and I don't consider any of them to be less than honest. The new director teaches entrepreneurship at UCLA so maybe he'll help get TCLN out of their rut. My vote goes to Legere/Taylor's choice. If someone were to be proven extraordinarlly remiss or an event to be proven extraordinarily counterproductive then you would have my 1%. And some quality phone time too. The same effort would be expended against any falsifiers. Rumors I don't mind, they are part of the market I've learned to live with.
Wouldn't it be great if the rumors mongered this weekend were as close as we ever got to a TCLN Pearl Harbor? |
