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Technology Stocks : Seagate Technology - Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (1823)5/15/2000 10:39:00 PM
From: Z Analyzer  Read Replies (2) | Respond to of 1989
 
<<People like Ichan and Boone Pickens would take large positions in cash-rich companies, and would then threaten a take-over from entrenched managements that were not, they said, managing the companies for stockholders but for themselves. >>
And being paid greenmail would then be prima facie evidence that the raiders were right!
By the way, no conceivable justification for paying greenmail to preserve your own bid to do a takeover. Unless someone can explain how, let's put this idea to rest.
-Z