Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I have worked with Juno professionally and their products are first rate and their service is on the button. But as a shareholder I am undecided how to vote on the merger. On one hand it seems like the BOD has worked hard on finding a buyout --strategic or financial as evidenced by the narrative in their recent mailing. On the other hand the deal that was finally cut seems awfully favorable to Fremont Partners and the magangement of JUNO. I think the LENS group has some good points in their letter. And I don't understand why JUNO doesn't just repurchase shares and retain full control and full public ownership of the company. I disagree with LENS that a public auction should be held. I think if they just repurchase shares--that will raise the price per share and the shareholders will get the value. Was JUNO's original sin that led to this muddled state of affairs---that they were holding too much cash?---inviting the raiders (like LENS)? What would Michael Price do?
Thanks for any thoughts you have since time is short.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.