Re: [CANSLIM] Re: Retstatement of CANSLIM?

From: Spencer48@aol.com
Subject: Re: [CANSLIM] Re: Retstatement of CANSLIM?
Date: Thu, 27 Jun 2002 15:53:06 EDT

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Winston:

     I believe Ross Perot was a substantial holder of GM stock at the time.  
My point is:  Would he have been as determined at the Board Meetings if he 
hadn't had a stake in the company?  I'm not saying that he would have 
short-shrifted the stockholders by doing something dishonorable.  But I do 
believe, if he hadn't had a large stake in the company, he would have quit 
the Board.  He certainly didn't need the money or the burden of more 
responsibilities (nor, I believe, was he desirous of corporate-aggravation).

jans


In a message dated 6/27/2002 9:16:39 AM Eastern Daylight Time, 
wlittle1@peoplepc.com writes:

<< When Ross Perot was a director of GM, he refused to participate in the
 "excess and other skuldugery" of the GM HQ12th floor.
 He even REFUSED the free cars and eating in the executive dining room. He
 wrote a series "How I would Reform GM" and the incumbents were so dismayed
 that they asked him to leave the company. Their view was that he wanted to
 deprive them of their birthright!
 
 My point is that even with the infrequent meetings and shows, if one is
 alert, one can usually smell the stink in the place.
 In a later note Tom mentions Jimmy Carter(JEC). Itoo view him (JEC) as an
 honorable man, but he is too trusting of people. I wonder if he would detect
 the smell in many of the crooked houses around. >>

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