Mood:
celebratoryNow Playing: Don't Stop Pooshing On The Mooshing
Topic: Chinadotcom and VCSY
Rage on with the right on.
http://ragingbull.quote.com/mboard/boards.cgi?board=VCSY&read=181531
By: morrie33
12 Apr 2007, 05:46 PM EDT
Msg. 181531 of 181532
Bart, here's a possible strategy from a respected LONG on PH in regards to ROSS and their court tactics:
This is all just speculation and one person's opinion, etc., but I thought I'd share it because who knows...it might be 100% correct:
"I wonder if they are going through the motions in order to say to the shareholders, "We fought vigorously, we thought we would prevail but the jury did it to us." That might look better in a filing than to settle. That would provoke suspicion of poor management of the CDC CEO and BOD of performing their own duties faithfully. Someone recently reminded us that saving face is very important to the Chinese. "Better to look bad in front of strangers in NY court than look bad in front of thousands of shareholders in filings..."
(Voluntary Disclosure: Position- Long)
