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To: PsycProf who wrote (9809)3/31/1998 11:34:00 PM
From: Forest Gump  Read Replies (1) | Respond to of 27968
 
<< I don't think that they are down on their collective knees licking his boots yet but I think it is heading in that direction.>>

All I can say is put yourselves in their boots. You have a mortgage, you have children, you have debt, and some aggressive and tenacious little terrier is going to oust you and it looks like he will get away with it. These guys are human. Sometimes it is NOT better to burn out than fade away. Their recent press releases almost say that it was their idea to begin with. No better way to crawl out of a hole than the way they are doing it. I have been caught many times with my pants down (NO JOKES) and there are 3 ways to fight it; bitterly, turn the tables, or get with the program. They have chosen to get with the program and are just posturing. This thing is done....



To: PsycProf who wrote (9809)3/31/1998 11:36:00 PM
From: CO  Respond to of 27968
 
In my opinion, there had to be major shareholders that pushed their position today to see the result that we saw.

Keep in mind a hostile takeover is not between companies. It is between the shareholders and the board of directors of a company.

If shareholders disagree with the board of directors and want to bring in another management team to run the business, it creates a hostile environment. The shareholders disagree with management. That is the concept of a hostile takeover.

The fact that shareholders want to involve another company is secondary to the fact that the shareholders are at odds with management. The shareholders own the company and they are taking control.

Of course, FAMH is now one of the shareholders of ATXI.

Cheryl