Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: niobe Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 36  
Subject: annual meeting Date: 6/15/1999 10:53 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
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.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
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.