Investors need to understand what level of debate actually occurred. Sunlight must be shed on the board's deliberations and a full account of the details of any studies conducted should be made immediately available to investors.

Certain companies have publicized my Hart Scott filings in the hope that this might induce investors into running the price up, which might cause me to sell my shares, make a profit and become uninvolved in the company, ... While I am flattered that investors would buy on the news that I have made a Hart Scott filing, I believe that they are taking risks which are not being explained to them by the companies making the disclosure.

Never plant a seed that seems good to eyes despite plant a seed that will be a shed in the sunlight.

We feel confident that this is what actually occurred.

We'd like to see the company put up for sale, ... VISX [management] is giving lip service to a sale.

If you just broke it up, the stock would be higher. In Time Warner, we're saying the conglomerate concept does not work.