Talk of $70.00 may be silly to you but it was not silly to Gerry when he did it. I said Gerry Lenfest paid $70.00 for TelVue stock when the company was not making money and reported it to the SEC at the time. If that's silly to you I'm sorry. It happened.
So you are suggesting a man that has led an exemplary life and is in his 80's with more money than could be spent in a hundred lifetimes would make the choice to swindle loyal employees and shareholders.
There is more to life than just being the richest man in the cemetery.
When your a billionaire and your intent is to give away most of what you have accumulated over the years things are quite different. He knows the stock has been manipulated for years and that his investors have been victimized by the manipulators. He might decide to pay $500.00 per share as a little bit of payback to the manipulators with a mere 55,000 share float. He has many options and I think most of us who actually own shares are confident of a very good return on investment whichever route TEVE ends up travelling and that is why we continue to accumulate. Go TEVE!!!
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