To: cool who wrote (1041 ) 5/8/1998 3:12:00 PM From: Mary A Young Read Replies (2) | Respond to of 2911
To Linda and all: I don't begin to have the power to move this stock. Had I sold my shares before posting this you would have seen HUGE volume sells. I'm holding. My source is excellent - outside the company On a tender offer, shareholders really don't have opportunity to vote. They vote by tendering their shares or not tendering their shares. If they do not tender their shares, they still own them, but become a part of the private company. You become a shareholder in a private company, or a non-reporting public company with less liquidity. That is infinitely better than being owned by this potential suitor and having the deal changed, or being left out there dangling as a shareholder in a company that is being legally looted. Management is like any other bidder, but with one known virtue.... they care about their shareholders. Management has no idea what the tender is going to do. Management is trying to save the company while it has $9 million in cash and control of its destiny. This is the best way to do it. Some of your responses are exactly the reason the company decided to do this. You (many on this Board) keep saying that the company has more real assets then its market cap. I, and other contend this is a bad thing. I'm in the same boat you are. You should be running to support management. Right now you are embracing the devil, which is exactly what the tender company expects. Word of tender, management buyout, or stock buyback should make the stock soar. Duhhhhhh Perhaps Mike will be persuaded to return, Linda. In no way, am I responsible for the price drop. I haven't posted this on Yahoo because I haven't posted on Yahoo ever and felt an allegiance to tell you folks what was coming first. But like Mike, I get blasted. Guys, you just don't get it. And your insinuations that I sold before I posted this is just plain lies. I still can't find my music.