Noboby likes a fluid situation; we all want to "know" what's going to happen in the future, and we want it to be good. No, great. Diller's insertion into the lcos deal, whether as a substantial minority shareholder as greenmail or as the buyer, and DW's head on challenge, makes for a question.
Usually, when a co. is in play, it happens with some rapidity. Here, it seems to be dragging on forever. It is true that the lcos situation would resolve better for DW after the vote, when Diller could be shut out entirely, but that also leaves everything in the air through June.
It may suit some people to argue about this now, but we aren't going to get our answer until we get out answer. In the meantime, it's worthwhile to remember that lcos isn't cmgi, and cmgi has more eggs in its basket than lcos. So life will go on and, once something newsworthy happens, the lcos deal will go on the back burner. It would appear that cpth could be just the ticket to get lcos off our minds and look forward again.
SHG |
