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Non-Tech : Martha Stewart's Omni (MSO) -- Ignore unavailable to you. Want to Upgrade?

To: hugh thorne who wrote (26)10/21/2002 1:34:56 PM
From: Elmer  Respond to of 136
 
<I think the premium that she commands will suffer significantly if she is charged. Picture the newspaper and media coverage of Martha in cuff's like the Enron and Adelphia people!>

I don't think she will ever see cuffs. The Justice boys do not want to pillar her because she is a woman. I expect that she will be charged but that a plea deal will be worked out with no jail time. The Bush administration needs women voters and what she probably did isn't that serious compared with the other stuff going on.

I will buy more when she is charged. It should be the point of maximum pessimism for the stock.



To: hugh thorne who wrote (26)10/21/2002 4:39:34 PM
From: Elmer  Read Replies (1) | Respond to of 136
 
Martha just got an SEC Wells letter notice that she is about to be charged in a civil claim of insider trading. CNBC says that if she is convicted, she will be barred from being an officer or director of a public company.

That tells me MSO is going private if she losses. I just hope the premium is good.


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