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Re: DiamondFire post# 11763

Thursday, 09/20/2012 4:23:00 PM

Thursday, September 20, 2012 4:23:00 PM

Post# of 20441
We have a CEO that:

A- doesn't need to "pump" PR's with which to sell shares to raise capital
B- is actually doing a share buyback to reduce the O/S
C- has a company that is financially stable
D- has just landed the firms largest single contract of $7 million

Since he has no need to PR that negotiations are ongoing with IBM and SAP, why do it?

He's taking a major risk even mentioning the IBM/SAP negotiation situation. Why? Because if negotiations fail, he losses a lot of goodwill with shareholders. He also shows he can't close deals after he's declared to the entire financial community that they exist. Why would he take the risk, unless the negotiations were virtually done? I doubt he would take the risk unless he was very certain they would be successful.

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