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Dover Motorsports Inc. Message Board

  • quaaludesweregreat quaaludesweregreat Jun 18, 2011 9:21 AM Flag

    Management at Dover

    What do they really do and why are they needed?First they buy racing properties outside of Delaware lose millions of dollars and give them away.Second,they blame high gas prices,weather and bad economy on the company's financial results.Tippie never with humility takes the blame for poor decision making.Impairment charges provide the stakeholders a way to evaluate corporate management and its decision making track record.How Tippie and the suits are around only has one plausible answer,Tippie will destroy the company and the wealthy Rollins family will take it private at an unfair price to schmucks like me

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    • Tippie and the Rollins have been destroying the company in an attempt to take it private, the merger with DDE would of accomplished that by eliminating TRK and ISCA as bidders they do not have gaming licenses .Mr. Tippie is not on the side of the common shareholder.

    • Although the process is slow- pretty soon- like in the next 30 days the dividend for the gaming side is going to be eliminated. When this happens no one including the Rollins clan will be getting a return from either side of the business. Already tried once to steal the company last October. Big holders will be all over them if they don't get a fair price. The results for the second quarter will be better- especially compared with last year. Should be interesting.

 
DVD
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