USRX Message Board - Msg: 922020

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : USRX

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ben luong who wrote (14518)	3/4/1997 2:01:00 AM
From: Dan Woodbury	of 18024

<< The shareholder meeting is 3/5/97. Will we vote on this merger << deal? I hope this deal is rejected by shareholders. Then again, << even if the deal is broken, what's going to be the penality << involved. Anyone knows? Thanks for the meeting info. My understanding is that the prenuptial agreement will exact anywhere from a $150 million to $250 million penalty from the party that initiates termination of the deal. However, that amount is peanuts compared to the hundreds of millions of dollars in time and focus that have been lost and would be wasted by Cowell trying to pursue this ill-timed venture. Well, if things run their current course then Cowell will be out of a job by next year - he'll either leave voluntarily or be forced out by the 3Com career men. We can then look forward to reading his book (ala John Scully of Apple) and learn 2 things: 1) Cowell thinks California's weather is much better than that of Northern Illinois. 2) Cowell will still claim that the 3Com deal was a good thing and its the analysts fault for not understanding it - isn't that what the CEO's of all ill-fated ventures say?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next