*BSD News Article 3090


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Newsgroups: comp.unix.bsd
Path: sserve!manuel!munnari.oz.au!mips!mips!sdd.hp.com!usc!sol.ctr.columbia.edu!eff!world!bzs
From: bzs@ussr.std.com (Barry Shein)
Subject: Re: UNIGRAM's article on the USL-BSDI suit
In-Reply-To: jlitvin@speedstr.intel.com's message of Tue, 4 Aug 1992 18:02:36 GMT
Message-ID: <BZS.92Aug4154948@ussr.std.com>
Sender: usenet@world.std.com (Mr USENET himself)
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Organization: The World
References: <1992Aug1.042344.23428@pasteur.Berkeley.EDU> <l7k5fqINNgc9@neuro.usc.edu>
	<l7k6maINNgeg@neuro.usc.edu> <l7k72rINNgfn@neuro.usc.edu>
	<leb.712651912@Hypatia> <BZS.92Aug1172816@ussr.std.com>
	<DRG.92Aug3095931@bubba.ma30.bull.com> <BZS.92Aug3161035@ussr.std.com>
	<JLITVIN.92Aug4100236@speedstr.intel.com>
Date: Tue, 4 Aug 1992 20:49:48 GMT
Lines: 29


>This argument is getting silly.  Althought I recently posted a list of
>the minority owners of USL, they are just that --- MINORITY OWNERS.  I
>believe that each company owns from 1-3% of USL.  AT&T owns over 50%
>and has publicly claimed that they will ___NOT___ give up control of
>USL to anyone else.  Before you can find a buyer, you need a seller...
>
>John Litvin

And you perhaps should understand something about publicly held
corporations before you cast stones.

Your fiction ``AT&T ... will ___NOT___'' refers to who exactly? The
executives? The shareholders of AT&T? The majority shareholders? The
proxy holders at their next annual meeting? ??

If an offer was made that was perceived as beneficial to the
shareholders of AT&T the execs would either accept or face charges of
fiduciary irresponsibility.

This isn't someone's stereo for sale we're talking about here, but
that's the "logic" you are using.


--
        -Barry Shein

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