To: scott bradley who wrote (9344 ) 3/30/1998 4:03:00 PM From: David A. Irvine Read Replies (1) | Respond to of 27968
Anyone want to respond to this guy over on the Yahoo! ATXI board? I don't have time ATM, but I'm sure there is someone out there dying to put these ATXI bozos in their place! Plus, it would be nice to have ATXI shareholders "on board" when/if this thing goes through. -Dave Here is the link to the message pasted below:messages.yahoo.com @m2.yahoo.com <<< Why Would Atrix Agree to this? MissingThePoint (43/M/Alpharetta, GA) Mar 30 1998 3:43PM EST I understand the profit motivation with the appreciation in stock price, but if Atrix management still thinks they have a real business opportunity with the existing business, why would they give it up. From what I've seen, FAMH hasn't said they think Atrix is a good company that they are interested in making an investment in. They've made it sound like they'll take any company that can give them a vehicle to a listing for active trading, as long as they can get it at a low price. If FAHM is so worried about having a listing so their stock value can appreciate, why would they keep a company that has recently shown a loss, and (while the l/t opportunity may be there)one that isn't showing any sign of any earnings turnaround real soon? Companies that focus on stock appreciation tend to concentrate on consistent quarter to quarter earnings growth. How does keeping the current Atrix operation help there? If Atrix agrees to this deal, it would look to me like they were just bailing out of their current business, showing a lack of confidence in the future prospects. Is there a 600-pound guerilla (investor) they need to get off their back? Is part of this deal an LBO of the existing assets to existing management? Is there someone else who would buy the current Atrix assets? I'm not professing to know what I'm talking about, but this is just a scenario I don't understand. Anyone have any input? >>>