LG an insight, Ads123, and reply to biajj
posted on
Oct 18, 2005 03:13PM
Unfortunately, LG`s arbitration may provide an insight into management`s attitude towards the cash on hand and the shareholders. I`ve been worried that Pohl/Schwartz and LG have come to regard this company`s $$ as their own private piggy bank that they could dip into at will, the shareholders be damned. LG`s arb may be an unfortunate reflection of this attitude.
Ads123, add another item to my critique of management history
and another potential liability to any buyout/merger.
Biajj, It ain`t that far from the old Futurama Lanes to Sand Hill Road (from whence VC blessings flow). I`m sure any start up financing for the new chip is readily available.