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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Sosmartinov who wrote (50364)	6/9/1999 8:51:00 PM
From: Jim	Respond to of 90042

In my experience, the company taking over has already decided which executives they wish to keep and which are "redundant". This allows these executives to leave early with a nice retirement gratuity rather then being "let go" when the new company takes over. This way, the new company would not have the demoralizing task of coming in and firing many of the administration. I consider the resignation of the president and these administrators to be a very significant hint that a takeover agreement is a "done deal".