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amj23

09/30/06 9:53 AM

#76024 RE: Art2004 #76018

I didn't step back and sell all of his stock, just a little to a buyin interest or fund. I personally think he needs to stay around for a long time.
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Electick

09/30/06 6:50 PM

#76078 RE: Art2004 #76018

Art first of all hardlyu all of the investors in the company are american. But regardless this is how "PUBLIC" companies work. We get to vote on significant decisions. We just dont have adequate votes to control the decision yet. BTW even the nigerians at FAB would like to see EO step down (according to nigerian sources (please dont ask)). EO would not need to sell all his shares, only enough to cede voting control. I am guseeing the remaining shares would go up sufficiently up sufficiently to more than cover the sales. I am sorry, but I just dont think your alanogy has any real similarities.
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bobwill9

09/30/06 7:14 PM

#76080 RE: Art2004 #76018

really poor analogy. Objectivity is required any analysis.

further DD rooted on slants and biases will continue to yield nothing