Bloomberg on one side and WAVO, NEWZ/ INDV/ClariNet on the other?...
As a matter of record, while INDV quote.yahoo.com , NEWZ quote.yahoo.com, Bloomberg/C|net, AOL, USA Today; WAVO ref/Microsoft investment news.com quote.yahoo.com arguably are creating shareholder value, rather than to have acquired [into] obvious undervalued competitors,eg INDV, NEWZ, WAVO...(as we cited long ago) Hirschfield and Tessler negligently engaged DBCC quote.yahoo.com in allegedly reckless strategies which incurred, again, arguably, priceless? irreversible and lost opportunity costs to its shareholders viz a viz their misguided share repurchasing program, which resulted in more shares outstanding at the end of the program, and a significant depletion of cash, in addition to the alleged reckless acquisitions [and subsequent divestitures] of CRI, ISN and incredibly, only recently, LCN...
Hirschfield-Tessler and their entrenched Board are [allegedly] camouflaging/[protected by] said recklessness with their (NYSE:TRV) alliance at the expense of superior internet strategic planning/alliances/acquisitions and schmoozing their way into retirement with an obvious 'in play' strategy within nine months, in our opinion...How could they possibly survive another SEC Form Def/14A Proxy? They won't.
Remember, in 9/96 both Hirschfield and Tessler played down the Internet and were quoted as saying the Internet was not a viable opportunity for DBC, again, as we have cited/documented on this thread.
Given their consistent patterns of destroying shareholder value one wonders whether, in fact, Hirschfield and Tessler and their entrenched Board of Directors are capitalizing on their proclivity for shareholder value destruction by awarding cheap insider options rather than the more shareholder value/street friendly strategy of insider buying on the open market...we may never know if they put DBCC in play before December... |
