Toastman,
My recollection is the new CEO in his first letter (late August I think)introducing himself to stockholders referred to agreements with companies and the last quarter of the year.
I don't recall the wording. At the time I interpreted as the naming of the F500 company as being less imminient than previously suggested.
I am dissapointed by the delay,TOO.
If my memory is accurate, then Management apparently was aware back in August and communicated it to the stockholders.
IF THAT IS THE CASE, MANAGEMENT IS ON TOP OF THINGS.
I have worked for several very large companies. I know from experience that they can be bureaucratic and many have a lonG decision making process.
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Ann: Letter to Shareholders , page-17
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