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To: Graham Wideman who wrote (2510)4/1/1999 3:59:00 PM
From: Dennis Nicks  Read Replies (1) | Respond to of 5102
 
Graham, you could take that one step further..

4.) Company is spun off (or sold off) as two separate units.

The main thing now is that investors need to know what is going on. So far, we just have resignations, which I'm sure were forced upon Del, I'm not sure about Kathy. It would be nice if we weren't left in the dark about this thing.

Dennis



To: Graham Wideman who wrote (2510)4/1/1999 4:20:00 PM
From: TTOSBT  Respond to of 5102
 
Re: "Maybe a little messier than it needed to be, but all in all not too horrible? Something I'd love to know is the level of consensus or antipathy amongst Floisand, Weil, Leite and the board. "

Well the key to that is the why both left together?

"CEO and CFO depart at exact quarter end, leaving the heads of the two divisions in charge (at least temporarily) -- and I'd assume they amongst the advocates who "get it".

Having Del leave and only Del would of been taken as too much unpopularity for too long. But when two people go seemingly abruptly then there could be legal reasons? Or were they that close a team?

TTOSBT