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Non-Tech : PSUN A new breakout at $30+!

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To: Mathon Dabasir who wrote (906)2/9/1999 10:43:00 AM
From: Toby Zidle  Read Replies (1) of 1622
 
I'll give you $32 ... but not this week. Call me again in March.

I wonder if PSUN could confiscate a shareholder's investment at half-price. I'd think it would generate one big lawsuit. Personally, I think that 'poison pill' provisions only protect a company's present management. It doesn't do anything for me as a shareholder. I _want_ acquirers to bid up shares of the companies I own. I don't understand why shareholders vote for 'poison pill' policies, unless they blindly support the proxy recommendations of management.
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