To: InvestorLady who wrote (6842 ) 1/7/1999 11:27:00 PM From: StilKrazy Read Replies (2) | Respond to of 8359
As long as we're playing "What if?". . . <<Why ABTX chose to write the press release regarding the Helena deal in such an adverse manner, non-condusive to negotiations, is beyond me.>> Is it possible that ABT (or perhaps both parties) benefited from ABT's original press release regarding the "collapse" of the deal? What I find hard to digest is the notion that ABT (1). either didn't anticipate the highly predictable responses (according to many who've posted), first from Helena, then from Bloomberg, that would follow their curious press release or, (2). that they knew full well what the fallout would be and simply dismissed or overlooked its potential impact. With the realistic opinion, IMO, expressed here and on the Yahoo board that this event is a nonevent in terms of its impact on the anticipated deal, then the only thing this "negative" publicity accomplished was to provide fresh opportunities for new or already interested parties to take a closer look at ABT. The best possible scenario for longs is to have serious investors scrutinize the recent history of their company, particularly when the company's worked very hard to come so far so fast. (Apple Computers, e.g. Back from the dead.) Don't forget what these folks have done during the past 18 months or so. It's quite a compelling story, and one I wouldn't mind having others experience, much to my great good fortune. Again, the fierceness and perseverance with which Bloomberg engages it's negative slant on the company only confirms the formidable threat that ABT poses for Bloomberg and other adversarial players. Nobody ever picked a fight on the street with the guy who played Jimmy Olsen from the old Superman series. My scenario also says that this nonevent will likely bring more attention from companies that are playing hard-to-get with ABT. And if/when they do prevail, in whatever manner that occurs -- settlement, renegotiation, apology, and/or other considerations -- ABT will be better known, stronger, and both respected and feared within the industry. When I take an objective look ABT's recent growth, as objective as is possible, I see a great place to invest with a management team that fights like a Terrier for what it wants. I don't mind what might be interpreted, and sometimes rightly so, as brash PR statements coming from these guys. I'm just happy I'm on their side. (I'm sure owners of Microsoft don't lose any sleep over the fact that Bill Gates appears to be not simply a geek, but a slimy, vengeful geek.) As Sy Syms used to say (at around 3:00 AM, EST): "An educated consumer is our best costumer."