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Friday, October 10, 2014 11:03:17 AM
Facts:
1) There is NO reason for silence until merger close from a regulatory or legal perspective. Simple basic fact! Look in your Corporate Finance book, SEC website or just a website called: Google!
2) Nowhere has management said they will be silent until merger close. Anything we heard about that was through heresay or rumours, maybe even shorts. To clarify Scott suggested: DEAL NEWS could be expected after merger, BUT there are plenty of other news like development news or revenue numbers that we MUST hear about before merger. There is NO reason not to!
3) Management HAS in the past released news directly (PRs during VMWorld on Product Development) AND on revenue guidance through Scott etc! Is our memory that short term? So where do these past occurences/ releases/ facts fit in the stupid silence until merger theory??
4) For the past weeks and UNRELATED to the merger they were silent. True and time to change that again! They now have at least the revenue numbers for Q3 (the quarter was over as of ten days ago) and SHOULD announce the same, or some other news to stop us from being completely in the dark here!
5) Nobody said, please tell us with which company you are negotiating what! There are plenty of other ways to relay or indicate progress in a non-confidential way.
Yes, it hurts, but only partly because of stock price, more because of management's recent silence and even more because of those utterly stupid and damaging no news until merger rumours. Management it is time to speak (again)!
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