is greatly undervalued and that the company is in need of a major restructuring.

The registrants acquired the shares because they believe that the shares are undervalued in the market place,

I think the company should be put up for sale now, ... is leaving the shareholders out on the brink if they [reject] this.

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

It's a major restructuring. I don't want to downplay it,

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