Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Jamey who wrote (25101)	7/3/1998 12:57:00 PM
From: Chuzzlewit	Read Replies (1) of 95453

Santiago, share holder rights is one of the great oxymorons of all times -- right up there with military intelligence. This is a poison pill designed to protect management from losing its collective position as the result of a hostile takeover. The only things that most managements tend to look out for are their own self interests. After all, companies that are taken over usually have depressed share prices more often than not as the result of poor management of the company's assets. These guys want to hold onto their sinecure at all costs. Euphemisms are designed to hide the truth. You would think that there would be some sort of truth in investing legislation that would require these abominations to be called management rights programs. TTFN, CTC

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