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Gold/Mining/Energy : Air Canada is taking off? -- Ignore unavailable to you. Want to Upgrade?

To: Luke12_15 who wrote (926)	10/22/1999 11:35:00 AM
From: Alomex	Read Replies (1) \| Respond to of 1033

Results are all that matters. If the stock price goes up then mgmt is doing a good job right?? Exactly. The stock price went up thanks to the Onex offer. Moreover I cannot see how management can be justified in taking a decision that ultimately is for the shareholders to make. The Onex offer should have been accepted or rejected on the basis of shareholders feeling that it was/wasn't fair. Instead it will have to be rejected by shareholders because management signed a kitchen and a give the house away deal with CARA, UAL and LF. AC and CA have a long standing history of childish competition (my airline is bigger than yours) leading to lower stock prices. AC management's response to the Onex offer is deja vu all over again.