Yes, the 1.2 STX shares per 1 WGO offer looks pretty bloody good...

Yes, the 1.2 STX shares per 1 WGO offer looks pretty bloody good now. Ooops, BIG own goal by the directors there.

I hold both and I really wouldn't want STX making an offer for WGO now, unless seriously repriced. STX simply have too much value add stuff going on to dilute those shares.

David's gone I believe, so now it's Dennis, and he doesn't seem interested in doing much, except reaching into the cookie jart for a pay check, as you suggest. Certainly not doing anything to support their GWC and the value that destroyed.

Chalk and cheese, but at least one of my holdings here seems like it will more than make up for the other. Maybe WGO will come good again when STX do the work (because WGO doesn't seem like it will do anything but be a passenger), but as far as I can see, STX is doing great without having to work with the 'painful' WGO board, so no surprise they are working on what works for them. As an STX shareholder I am not unhappy with that approach.