Dell's special committee has asked Carl Icahn and his investment partner Southeastern Asset Management for a bit more info on their plan to thwart Mike Dell's bid to take the firm private, while Icahn suggests himself for the board. The committee, set up to look into Mike Dell's offer to take his company private for $24.4bn with …
Beware The Grim Reaper
Survivors of the wreckage left by Icahn at TWA, Blockbuster, Yahoo, Motorola, etc. etc. would advise Dell shareholders to lock their doors and bar their windows.
For whatever problems Dell (the company) has in the "post-PC era", Dell (the person) is a company builder, whereas Icahn is just an asset stripper.
Ichahn takes over, I give it 3 years before Dell disappears from face of the earth
We're having some concerns right now...
...with continuing to buy Dell hardware until we know for certain what is going to happen with the company. Desktops are desktops and they can be replaced with just about anything but servers, storage? Not so easy. I have a requirement for 6 new servers in the short term, hopefully we see some positive movement on this soon so I can make a decision I'm confident in. With Mikey in charge, more PowerEdges please. Icahn? Maybe it's time to talk to Cisco and HP again.
Re: I give it 3 years before
So you're with the glass is half full crowd, eh?
They're calling Icahn's bluff? Whatever Icahn says, be very weary! The SS Ichan's Jolly Rodger is up!
Re: So basically
Already weary of Icahn and his ilk in general.
"Gimme my money now, I bet that I'd make a profit and I want a 100% return, if not, I'll scavenge the company for anything I can possibly sell off and let the rest sink into oblivion"
Re: So basically
No, we users are weary. The Dell BoD needs to be wary.
Actually, they need to be paranoid and even then it might not help.
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