Replies to post #8569 on Decision Diagnostics Corp (DECN)

[Mr Sensitivity]

Gio, when there is a pile of money on the table, nobody stops to count it. They grab it. The Board may vote against the first offer but the buyer would then go over the Board's head right to the shareholders and let each and every one of them see the pile of money for themselves. Read "Barbarians at the Gate." The book is a bit dated from the late 1980s, but it is a captivating read and will give insight to what the Board of a target company has to deal with, all the while continuing to run the target company in everyone's best interests.

Small companies like DECN also have to deal with a prevailing common shareholder's view that management is inherently corrupt and they would be fools not to grab at the brass ring. This view stems from a view that you buy a stock to make money, or else why buy a stock at all. It is rare for a small company to have a plurality of shareholder investors rather than shareholder traders. That's why small companies with large shareholder bases tend to leave more piles of money on the table than they will actually receive.