OK Joe -- you win!
I remember being in a "class action suit" against Kendall Square Computing. The management were outright crooks! We won the suit -- the lawyers got whatever few bucks the crooks didn't get!
It was the fastest $5,000 loss I ever experienced! Thanks for reminding me of that.
Now, let's turn back to "action." I read your post on the Motley Fool, as well as some of the bozo responses from some of the curmudgeonly crapulent denizens of that moribund swamp, and I'd like to ask WHY we need to involve
the Wall Street Journal? They're an expensive place to advertise! If our intention is to show a great many STOCKHOLDER NAMES on a blistering letter to the BOD, why don't we simply:
1. Construct a "declaration" letter, citing our grievances against the BOD;
2. Post it on your wonderful web site (as only you can do!);
3. Specify the remedy we seek (demand) as owners of Novell;
4. Provide a "log-in" mechanism that will enable shareholders to
add their names and number of shares as textual "signatures"
to the letter and affirm their agreement with its contents;
5. Promote the hell out of the existence of this "declaration" via
traditional news releases to electronic and print media;
6. Specify a date on which this "open letter" will be delivered to
the BOD (perhaps with a tie-in to FedEx as the deliverer of the
hard copy to the BOD);
7. Do it!
Naturally, I'll "help" with the letter and the media relations, but both the
letter's content and the "legwork" should represent the widest possible inclusion
of opinion and group effort. (I don't want a bunch like the M-F bozos sending e-mails
to me saying "now what youse guys oughta do is...") I want participation and commitment!
Joe, Tom Jefferson wrote a declaration to a pig-headed, obstinate, faraway
parliament that also didn't care two hoots for the folks who were paying its
salaries -- and look what happened!
I don't think that Novell's BOD would like to be held up to public scrutiny
every day (for 30 days?), with the number of names and shares climbing ever
upward. I believe that this would "help" them to act! And that is what we want...
ACTION!
I'd love to have comment on this! Just imagine the $$ it would save us on "advertising"
-- and, if once wasn't enough, we could do it again...and again...and again ... well, you
get the picture!
REMEMBER -- we are NOT pulling down the company! We are exerting "normative effort" to get
a recalcitrant board of directors to refocus its attention on its PRIME mission ... to
increase the value of Novell FOR THE BENEFIT OF ITS OWNERS!!! US!
Joe, over to you <g> ... and to all our fellow shareholders for comment and elaboration!
Regards, George |
