Interesting "letter" over on MEC
If S & S are really going to make big bucks ala MFS
and LVLT, then eventually they are going to have to
take the surviving company public again.
existing stockholders are not happy.
Of course, you have a sweet tooth...you're my
twin after all ;-)
P.S. you might want to check
over at the Fool today. They have a nice bon-bon duel
between Tootsie Roll and Hershey. Tootise looks like the
sweeter investment. Hey, have you ever been to Hershey?
The first time I was there I could really smell the
chocolate in the air...and those Kiss lamps lining the
streets are so darn cute.
I noticed the "E" word too :-)
exceptions to the rule, but they are few. High cap-ex
businesses (IE: Utilities) are better represented by the "E"
word. However, when you see companies like Cendant, who
brag about being cap-ex light, using "E", you know it
is used to deceive.
A share of BRKa could buy a lot of Verlink and
the losses in BRKa; close to book; on a
turnaround and key with enabling technology for a
Here is a dated (but still very true) article from
Verlink in IN the frame relay business may be bait
the likes of Lucent or Ericcson. Insider ownership
Even if it goes to zero the excitement is
akin to losing
in a $2 slot machine; can a Gilette
kind of thrill as it sinks day after day.