Advanced Radio Telecom (ARTT) Message Board

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Technology Stocks : Advanced Radio Telecom (ARTT)

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To: MangoBoy who wrote (553)	3/31/1999 2:49:00 PM
From: SteveG	Read Replies (2) of 1176

<..So either the glass is half-empty or it's half-empty...> Yes, but I don't think you get why: <..The competitive landscape is changing so fast (e.g. GBLX/FRO) that it's not surprising that a better offer could emerge late in the game. Tough on short-term options players, yes, but better for long-term shareholders. Time will tell, but meanwhile the vitriol being directed at Hirsch is overdone, IMO...> No one is disputing that the company should negotiate the very BEST deal possible for shareholders. The point of criticism is that Hirsch as CEO, should know better than to string the street along with false guidance. Can you think of any reason other than cavalierly playing political games by giving public misguidance toward Q1 when he could VERY easily have allowed the suggested slippage into Q2 for announcing a deal? If he feels he needs to (as well as feels free to take the license to) resort to public misguidance to bring a potential "better" deal to the table sooner, the repercussion is a loss of street respect for his word. Was it worth it? Perhaps, but we'll never know.

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