Recent

% | $
Quotes you view appear here for quick access.

Aetna Inc. Message Board

  • strictlybusiness69 strictlybusiness69 Feb 25, 2000 10:33 PM Flag

    See what happens when you've been away?

    I dump AET at $56 and ignored this stock until
    now. Next this I know Hubbert is out and Donaldson is
    in.

    TX's e-mail, I believe, have alot of merit. Let me
    explain.

    For a long time TX has pointed out that AET
    communications director hasn't exactly set the world on fire
    with detailed and accurate press releases. Then today
    a bomb goes off. Hubbert is out and its immediately
    announced that Donaldson is in.

    Having been a long
    time AET stock holder (until recently) I remembered
    this guys name from the early 90's. Then I think, this
    guy's got to be, what, 70-ish years old. Then it comes
    out in a AP article and a Reuters story. He's 70
    years old.

    Why is this significant? Well,
    Hubbert was set to retire at 65 - the age reported to be
    the manditory retirement age for AET's CEO. So how
    does a 70 year get the job?

    Interium CEO?
    DUH.

    Next, none of the stories on this news mention what
    Hubbert is going to do with all his free time now that
    he's tanked AET. Ah, could it be, nah, it couldn't.
    Could it? Will Hubbert sit on the Board? No one's
    saying.

    So I don't own any stock right now. So what. I'm
    still troubled by what I'm reading and what's being
    said. Or worse, what's not being said.

    You'd
    think with the drop in value the communications people
    would pull their heads out of their asses and figure it
    out. The street is tired of vague news and half
    truths. They just don't get it.

    I'm still out for
    now. I will monitor things for a while before buying
    back into this stock.

    BTW, my friend at AET
    said the internal communcation this afternoon from
    Donaldson was classy. His message sounded serious, and was
    met with optimism. Word within AET is that ee's are
    actually hoping for a signficant shake up within AET.
    Names that the employees seem to want canned include
    Kardillo, Weber, Nollan and just about anyone from the old
    U S Healthcare.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • <<< ...what Hubbert [sic] is going to do
      with all his free time now that he's tanked
      AET.
      Ah, could it be, nah, it couldn't. Could it? Will
      Hubbert sit on
      the Board? No one's saying.
      >>>

      I though 1 of the press releases said he was also
      off the board. Really now, it would be quite awkward
      to stick around.

      As for his free time,
      there's a huge revitalization project (Riverfront
      Recapture -- where the dang political fools wanted to build
      a stadium for the NE Patriots a few months back) in
      Hartford within a few blocks of his house. I'll bet he'll
      get involved in that . He also likes to travel, so
      he'll do that for a few months. By the time he comes
      back from South America or wherever, The Donaldson
      will have sold off a few parts of the old co (IMO),
      and he won't even recognize it.

      <<<
      You'd think with the drop in value the communications
      people would pull
      their heads out of their asses and
      figure it out. >>>

      They say what they're
      told to say. Huber was no pro at communications, as
      you might have noticed.

    • get in formation & in step & march to the music or

      off with their heads!

      the queen of hearts

      alice in wonderland

 
AET
117.84-2.62(-2.17%)Jul 25 4:00 PMEDT