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Dover Motorsports Inc. Message Board

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  • slim_niceguy slim_niceguy Jan 2, 2009 5:45 PM Flag

    off to the races

    They have had six years and i'm afraid it looks like the old boys club. Protect the jobs of the guys that have been running it. I can't believe the Rollins' are happy though as they were sellers in the 6-7 area last year. At this price a stock for stock deal would be nice. It is hard to believe they will just let it sit there but some 80+ year old friend of the family basically is trustee for 52% of the voting power. Nothing ever really needs to happen unfortunately. If the midwest tracks just plunged into an abyss of even worse operating results that might be enough to get something going. I talked to the CFO a few weeks back and he said they had taken their lumps with the midwest tracks adn something had to be done. They definitely don't care about the minority shareholders..but it is very cheap indeed.

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