Can&&39;t justify remaining a public co. With these results and a track closure there is absolutely
no justification for this remaining a public company.
The overhead and salaries for all these... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: Denis McGlyn Has anyone read the letter their GC sent to Mario?
Seen this before- supervoting shares really do engender
an amazing amount of management Hubris. They have
totally failed to... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: Derivative suit would probably work You are right about Carl but TRK and ISCA could move..particularly
ISCA. The DVD folks are diluting the Nascar brand
with their mismanagement and lack of scale. Of course
Dover... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Derivative suit would probably work A derivative suit citing breach of fiduciary duty if
coupled with an offer by a raider like Icahn or one
of his ilk would put an end to this management team.
I've seen dual class... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: conference call The financials represent the culmination of a failed
strategy and an out of touch management team that
is self dealing and arrogant. Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: styneweigh Easy answer: Management hubris and ego. Plus if they
had sold they would not be able to justify Dover as
a stand alone. Much easier to destroy capital than
to admit defeat.Cibelli said it... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: No more divvy They are late on a lot of things but if you paid $1.10-1.60
DDE will really feel the pain. They will need to take
this back in soon or sell it. Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: Watched the Gateway race The bottom line is you are right..but remember the
most important thing- Nascar hasn't reallocated
broadcast revenues to a higher level for non cut races
that... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: memphis sale You have a strong probability of being right. I don't
see how they can justify a track and facility that
will never have a cup race. In any event they sure
aren't paying much...what a fire sale price at
10 mil. This Tippie... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Takes em a week to report that they are pushing back Memphis a third time. They
wouldn't report anything if the law didn't
require them to. The SEC should stipulate that any
company that wants to be... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: gulf coast entertainment - Dale Jr. It doesn't matter one bit in this credit market.
If the banks don't like the deal- and I don't
see how they would in this discretionary spending
environment...why would they fund it... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: I am sorry I am rambling The midwest track adventure was a consequence of management's
hubris and ego. They rode the success of Nascar and
thought it was their brilliance, when in fact it was
nothing more than their... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: Just a guess: Memphis didn&&39;t close Timing was the key word in an earlier post- and the
answer is no they won't bail out an asset that
is past its prime. The kind of economy and debt to
be... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: Large insider buys the last few days.. Actually that isn't correct- They control through
trust class B shares more than enough votes to always
have control. These are A shares they are buying and
that... Business & Finance > Investments > Stocks (A to Z) > Stocks F > FOREST CITY ENT CL A (FCE-A)
No future independent The pending sale of Memphis pretty much seals the future
path of the company. Certainly the overhead cannot
be justified to keep this company independent when
they are dismantling it... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Dual class stock A throw back to smoke filled rooms and back room deals.
It is a shame that companies are allowed the benefits
of public ownership and market access... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: Acquisition Target This company is a great cash generator but currently
it still has quite a lot of debt on the books from
the spinoff.Secondly, the compnay only has North American
distribution rights so... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dr Pepper Snapple Group, Inc.
Re: Shareholder Proposal - Proxy It was Cibelli and the proposal was voted down at last
Thursdays annual meeting. No big surprise. It would
be interesting to see what plan the NYSE accepted
to... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
If Memphis was the best? and the midwest tracks were losing 6 million a year
then Gateway and Nashville alone may lose even more.Memphis
must have made some money or at least broke even for
the buyer to be... Business & Finance > Investments > Stocks (A to Z) > Stocks D > Dover Downs Entertainment (DVD)
Re: Sequoia Fund better than King Davd Right- and also although they are great investors the
Sequoia guys aren't experienced international
managers. If you look at the US in the coming decade
at least... Business & Finance > Investments > Mutual Funds (A to Z) > Mutual Funds W > Wintergreen
