SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Mitchell who wrote (15127)8/2/1998 9:01:00 AM
From: Probity98  Read Replies (1) | Respond to of 17305
 
To: Jeffrey S. Mitchell (127 )
From: Probity98 (Trial Member) Friday, Jul 31 1998 10:23PM ET
Reply # of 184

Jeff, hello. I really enjoy reading your new message board. I have a question for you/anyone who would like to comment: Is it possible for CEOs to manipulate the stock price down to accommodate business arrangements?
That was my original question, w/o the hypothetical situation.

Basically, a yes or no response to this question was all I really wanted.

<<you still haven't given me any reason why it is to a CEO's advantage when making an acquisition with stock to manipulate his company's stock down and thus lose buying power.>>

Why it would be to a CEO's advantage to do such a thing is also beyond my understanding. Does it have anything to do with the value of the stock of the acquired company? If anyone can offer any insight, I would appreciate it. I know this whole scenario seems a bit far fetched, but is it??