Originally Posted by
EskimoJoe
It will pass in the high 90%. It’s also largely meaningless and just part of the Kabuki Theatre that is the Mediation process. It will make the local news though…and confuse the general public into thinking we’re on strike. FWIW.
Kabuki theater is part of the process, and not a bad thing... management is intransigent so the boat must be rocked. I don't know enough to comment on the timing, but the vote had to happen *eventually* anyway so presumably the union had a good reason to call it now vice later.
If they wait until release, the impact of the strike vote will be intermingled with the news about the release... this way they get some early but reasonably timely press.
Originally Posted by
OTZeagle1
The strike vote is nonsense until we actually get released. It should be a 98% for authorization.
See above, there's a reason they're doing it even if we're not sure exactly why now.
And who knows, the board might become worried and demand another executive head. BoD's can a sometimes appease The Street by axing a key exec or two.