Re: Yet Another Arnold Article

Angra Mainyu wrote:
>
> While it is true that management and the BOD cannot ignore offers he
> could have said something like "We consider the tool business our
> crown jewel" which would have circumvented having to say anything at
> all about receiving offers for portions of the company. See the
> difference? When a CEO starts openly talking to the press about
> receiving offers, it is usually interpreted in the financial
> community as code words for putting it into play.

In the normal case I would agree. However there have recently been public
statements by Coates stating his view that the tools *should* be divested,
and of course a lot of speculation by others (blogs and other articles)
discussing this very thing. *In that context* I think his statement was
reasonable (not to say it couldn't have been *better*, but still
reasonable).

--
Wayne Niddery - Logic Fundamentals, Inc. (www.logicfundamentals.com)
RADBooks: http://www.logicfundamentals.com/RADBooks.html
"We've all heard that a million monkeys banging on a million
typewriters will eventually reproduce the entire works of Shakespeare.
Now, thanks to the Internet, we know this is not true." ? Robert
Wilensky


.

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