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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (4226)11/19/2001 10:24:33 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 36161
 
re: You usually end up making a bad deal, throw away a lot of time and money

As a general rule, anyone who says, "I have to own that", ends up overpaying. That's true, whether it's management making an acquisition, an investor buying a stock, a consumer car-shopping, whatever. You've got to have the option of walking away from any buying decision, or you've lost objectivity and bargaining power.



To: isopatch who wrote (4226)11/19/2001 11:29:31 PM
From: t4texas  Read Replies (1) | Respond to of 36161
 
agreed. i hope anglo just goes away with no further ruckus. since normandy's board and franco's board have already approved the nem offer and there are issues with anglo's currency, i hope this just settles without a fight.