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Message Boards Settings Dover Downs Entertainment (DVD) - Quote Info
Can't justify remaining a public co.      3-Nov-09 03:16 pm    
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 executives can't be justified in light of ZERO growth opportunities going forward. The problem is this management team failed to recognize soon enough that ISCA and TRK represent a pure oligopoly and they never will act in a way that would benefit DVD. There never was going to be any reallocation of cup dates or broadcast revenues. Now they have basically cut the value of the company in half to an acquirer.
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Can't justify remaining a public co.
slim_nicegu...
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(1 Rating) 3-Nov-09 03:16 pm  
 
Agree. The logic of selling out to the consolidat...
sellthecomp... Rate it 3-Nov-09 05:47 pm  
 
"The question then becomes why is this happen...
styneweigh Rate it 4-Nov-09 10:19 am  
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Dover Motorsports Inc. (DVD)

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