Re: RE: DaimlerChrysler takeover site

From: Rekker21@aol.com
Date: Sun Jan 03 1999 - 17:26:36 EST


In a message dated 1/3/99 4:47:40 PM Eastern Standard Time,
stei0302@cs.fredonia.edu writes:

<< In the beginning of the report, it was stated that all figures would
 be converted to US dollars, but they weren't. That was the first point.
 The more important point was that all D-B numbers were reported in BILLIONS
 and all US numbers in MILLIONS. For example, reporting a figure for
 D-B as .3 billion (instead of 300 million) and reporting figures for CC
 as 3,000 million instead of 3 billion. You can probably make the case
 that stockholders who don't read into this stuff deserve whatever they
 get, but that doesn't change the fact that this report appears to be a
 deliberate attempt to deceive stockholders and sway votes toward the
 "merger". I would venture to say that most stockholders are just average
 folks with average jobs; hardly investment professionals. >>
I agree one hundred percent with you Jon. You should have seen that proxy
statement! You have got to be kidding me if you think that I read that whole
thing! It was all a bunch of legal mumbo that you wouldn't understand unless
you did that type of thing for a living or had your lawyer read it for ya! So
to sum it up, Im not an investment pro, so I was a little deceived by that
report, not just the money issue either!
Eric
    Oh, does that make me ignorant!



This archive was generated by hypermail 2b29 : Fri Jun 20 2003 - 12:11:51 EDT