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To: Patricia Trinchero who wrote (27535)5/6/1999 4:05:00 PM
From: FREAKAZOID  Respond to of 44908
 
I guess nobody read this post about PHX..if you have time please read what I was able to discover.

thx

freak!!

Message 9331823



To: Patricia Trinchero who wrote (27535)5/6/1999 4:11:00 PM
From: wjmtmoney  Respond to of 44908
 
Great point Pat! I hadn't thought about the control issue. How in the world could he not keep the beneficial control of the company and still feel secure in his investment?



To: Patricia Trinchero who wrote (27535)5/6/1999 4:32:00 PM
From: The Swordsman  Respond to of 44908
 
Pat, you could just have a point there. Rob Gordon was compelled to award all those 1998 $0.15 options to himself so that he could protect the company from a hostile takeover. heh heh heh... waxing his moustache. NOT!!

And in the process he just happens to pocket some humongous profits for this very dangerous job.

Pat... you're smarter than this.

More to follow on this one. I have to make a call.

SC



To: Patricia Trinchero who wrote (27535)5/6/1999 6:25:00 PM
From: Craig Goodstadt  Read Replies (2) | Respond to of 44908
 
To stop a takeover, just institute a poison pill. No need for RG to have the .15 conversion at this time, that is a big negative and needs to be removed.