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Microcap & Penny Stocks : TEI Corp. - The TANK is rolling!! (NASDAQ: TANK) -- Ignore unavailable to you. Want to Upgrade?


To: JEFF CHAPMAN who wrote (39)4/29/1998 3:01:00 PM
From: JEFF CHAPMAN  Respond to of 50
 
Keeps moving up, now at 2 5/8ths

A very important factor is this:

Under the tentative agreements, Titus Harris Jr., chairman and chief executive officer of Harris Webb & Garrison, would become the
new company's chairman.

Robert Garrison II, Harris' executive vice president and Pinnacle's chairman and chief executive officer, would become its president and
chief executive officer.

TEI's current chief executive officer, Donald Campbell, would continue as a board member of the new entity.

There is no ego here by Campbell, who is essentially turning over the throne, knowing he isn't as qualified to manage these businesses... Alot of companies who use this strategy keep the same CEO and it becomes a disaster, great that Campbell recognizes this...



To: JEFF CHAPMAN who wrote (39)4/29/1998 3:11:00 PM
From: JEFF CHAPMAN  Read Replies (1) | Respond to of 50
 
One other comment, the parallels to Siebert Financial (SIEB), who did a similar reverse takeover, are uncanny, and look at what happened to the companies stock when it occurred...

quote.yahoo.com