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Re: PMrz post# 61216

Sunday, 06/25/2017 4:34:13 AM

Sunday, June 25, 2017 4:34:13 AM

Post# of 63559
No, that would be the balance sheet suggesting that.

Didn't Sandy suggest SUNW didn't have enough cash...






and predict bankruptcy?



Go back and read exactly what I said. I said that if this year was the same as last year, and so far it's actually worse, then they will go bankrupt. Meaning that their financial position has deteriorated significantly. Incidentally, it says exactly that (regarding deterioration) in their latest investor presentation.

How is Chuck going to do a stock buy back if the don't have enough cash?



This one is easy: He isn't. Every CEO / IR person always tells their investors they are "exploring options" for a buyback. Nelson was exploring a buyback for years and never did it. This guy says it once in a private conversation and you think that it's proof it is imminent? Lay off the hopium!