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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!
DGIV 0.00Dec 5 4:00 PM EST

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To: Howard C. who wrote (33390)12/9/1998 5:25:00 PM
From: Lazarus Long  Read Replies (2) of 50264
 
Actually Howard, I disagree...

Furthermore, it is their moral obligation at this point to go public on these things and help shore up the value.

It is quite common for companies to time the release of news rather than release it immediately. I know the company I work for often holds news to coincide with a show or other event...

The moral aspects of such a decision makes for an interesting debate. Is the company morally obligated to try to influence the stock price over the short term or manage the company to enhance long term share holder value or be oblivious to either of these considerations? As far as I can see, all those positions have merit, but I believe that managing a company to maximize long term share holder value is the current favorite though share holders often pressure companies to maximize value over the short term. As a matter of fact, that particular question reaches into the very marrow of how companies are run, including corporate goals, corporate structure and executive compensation.

Just my opinion,

Lazarus
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