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genisi

07/10/07 3:54 AM

#772 RE: DewDiligence #771

I don't know if there is a norm here, Dubi should know better but Tsur is an honest guy and note that he said that kamada is not for sail but he did not denied any other relations or cooperation.
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midastouch017

07/10/07 6:07 AM

#774 RE: DewDiligence #771

< What is the behavioral norm in Israel? >

The norm in Israel is to deny false rumours as well
as true rumours.

TEVA is probably the only company to adapt the US
business practice of denying false rumours and not
commenting on true rumours.

2 recent examples of Israeli companies traded in the US
only, TERN and FLSH denied rumours of their sale negotiations
for months. Needless to say the buyouts went through.

Dubi