GT Advanced Technologies Inc fka GTAT

[XenaLives]

Several cited - American Airlines was one I think - and then there was a third party journalist that named several - quoted on the board recently. You'll have to go back in the thread to find them.

The point is that there are established metrics with which businesses are evaluated for M&A purposes. GTAT did CH-11 to force Apple's hand. When you apply the M&A metrics the company is far from worthless and likely to start an international bidding war if Apple doesn't come to the rescue.

This is why a committee of equity owners sitting in on the bankruptcy proceedings is important.

THIS COMPANY WAS 80% INSTY OWNED BEFORE A BANKRUPTCY FILING THAT BLINDSIDED THE WALL STREET PUNDITS.

In other words this is not your average CH-11 and "reorganization" is the name of the game. Apple can get on board or get shafted by its competitors, IMO.