Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Candle stick who wrote (3171)	2/18/1998 1:55:00 PM
From: Roger A. Babb	Read Replies (1) of 18691

CS, the CYMI rights offering "protects" shareholders from a third party buying up the stock. That is not good for the stock price, but is a ploy to protect management jobs. These "shareholder rights" plans are not ever in the shareholders interest because it devalues the company as a buyout target.

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