Sharp decision | Arkansas Blog

Tuesday, April 15, 2008

Sharp decision

Posted By on Tue, Apr 15, 2008 at 10:11 AM

The NY Post reports that Little Rock native Richard Thalheimer came out smelling like a rose -- and with $25 million in his pockets -- for his decision to dump shares a year ago in the Sharper Image, the gadget retailer he founded. An investor who took over the company promised a turnaround and higher stock price, but Thalheimer, lucky for him, didn't stick around to see the promise go unfulfilled. He cashed out before further erosion in the stock price.

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