hese groups are likely to be wary of companies such as Strassli that are known to engage in less than full disclosure because the takeover companies do not have an accurate way to gauge the company's true performance. Since they are limited to working with the information at hand, they are likely to pursue those companies which they perceive to be relatively weak. Strassli, with its current practice of understating its actual performance, is one such company, and may be more vulnerable to takeover attempts than if it engaged in full disclosure. The result is that Strassli would have to put resources towards thwarting a takeover attempt that possibly would not have been mounted had the aggressors understood the actual standing of the company.
Not all of Strassli's directors support the current practice of limited disclosure. Schreihals, for example, suggests t
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