To all: How to Handle Niles
Have been reading most of these posts the last few days. I'm a journalist by profession. Rather than email the company how about use the media, namely CNBC et al. Help them sniff out a story. Don't be overzealous (i.e.--I've lost the equivalent of a house on Friday, put the F**ER in jail!) But succinctly lead them to a good story, esp on Tue before Dell reports--or perhaps Wed after Del reports IF earnings are good--to raise the ?--point out the discrepancy in Niles' read, i.e. his turnabout, and that he reported on Friday before the quiet period, and was unavailable for comment. No more allegations than that. Writing emails to the company probably won't do much good. If he was at all dishonest--or just having fun playing w/ a bit of power, bring the stock down so it can't announce a split Tue as well--or if he actually was just doing his job--whatever--it's the power of the media that made his "call" deafening, and you just have to use the media. Frankly, all they care about is a good story--you might also try MSNBC, and CNN, and whomever.
Maybe it won't work, because as in Cramer's piece, "The Game that Never Ends"--this kind of thing often happens. Still, the fact that Niles changed his mind and was unavailable for comment are pretty interesting points. |
