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Alias Born | 01/06/2003 |
Wednesday, May 14, 2003 11:40:04 AM
I would be more concerned that any potential fraud was instigated on managements behalf, the backlash effect. It's pretty obvious that management has a vested interest in insuring the extra options are approved and, so far, it appears to me this mornings press release has had the effect of changing more "no" votes to "yes" votes than vice a versa. That is in managements favor. Why do you assume the release was orchestrated by shorts? It's obvious such a release would have little impact on share prices but if it could convert more "no" votes to "yes" votes, that might be able to explain the effort that obviously went into this release.
Personally, I think the most likely explanation is the release is exactly what it purports to be, an effort to stop management from stealing away the company, bit by bit. I don't know why so many were so offended.
Once
The best way to convince a fool that he is wrong is to let him have his own way.
~ ~ ~ Josh Billings
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