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Technology Stocks : Oak Technology (OAKT)

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To: coopie who wrote (3771)12/18/1997 6:54:00 PM
From: slob  Read Replies (1) of 4335
 
Coopie: Anti-takeover provisions stink, they should be illegal.

Lets face it all that they address is hostile takeovers. In a hostile takeover share-holders win because there is a run-up in the share price. What these provisions do is to make sure that management/board can arange some insider take-over deal and come out of it smelling like a rose while the individual shareholder gets shafted. Look at the ZLG deal if you want to see what I mean.

Slob
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