To thyself be true
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It will be interesting to see what business Worldspace is going into. Sure doesn't seem like Sats are the business they will continue. I have seen a lot of businesses change direction. Plus they can still obviously use their name to generate income.
Saw that too........:o}
http://www.kccllc.net/GlobalDocSearchResults.asp
All dos looks like
India is big around 2 billion people with the other Asian countries close by.
You forget the library of content, NOLs, licences and the shell is worth money. Plus who knows what deals they have made in the backroom.
Looks like No Amounts Due on Claims, sounds good!!!
Sounds like Worldspace is partnering up with them and I guess their content library is the moneymaker. They must have a goldmine there, they have been in business and accumulating a bunch.
Chellomedia, the European content division of Liberty Global, is a leading international media company & distributor of channels, content and video services. The division’s operating companies and business units currently own and operate 45 branded TV channels and run a suite of digital, on demand and broadband services in Europe. On aggregate, its channels and feeds reach 250 million homes.
Chellomedia runs its businesses through nine business units:
Worldspace could be up and running with content real quick....daydreaming out loud......lol
It was July 21st.
About time they said good things!!!
More about Chapter 11....
Chapter 11 is the most complex bankruptcy filing and the one that most troubled businesses file (although some individuals may file it as well). In a Chapter 11 bankruptcy filing, the debtor continues to function, maintains ownership of all assets, and tries to work out a reorganization plan to pay off creditors.
In the past, a business had an almost unlimited amount of time to come up with their reorganization and payment plan. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 imposes a 120-day time limit. If the debtor has not submitted a plan within that period, creditors can submit their own plans.
Chapter 11 - Business Bankruptcy-State Laws
In addition to the federal bankruptcy laws, each state has its own provisions for handling bankruptcies within that state. For the most part, the differences have to do with income and debt limits that debtors must meet to be eligible for filing under each chapter. There are also differences in the time limits given for reorganization plans, income subject to liquidation, exempt assets and other details. In the past, these differences led debtors (particularly corporations) to "shop around" for the state with the best possible terms. The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 requires anyone filing for bankruptcy in a state to have lived in that state for two years prior to the filing.
Companies choose to file Chapter 11 because its long-term revenues will be higher than the liquidation value of the assets. This way, creditors can get more money back if they allow the debtor business to reorganize and work out a payment plan. The business becomes a debtor in possession, maintaining control and ownership of their assets and continuing their regular operations. At this point, there is usually no trustee.
A company that declares Chapter 11 must disclose all of its assets and make a list of all the debts that it is seeking protection from. This is the creditors' right to question the debtor, a fundamental part of bankruptcy law. In cases involving millions or billions of dollars, this step alone can be incredibly complex. The creditors also meet with the debtor.
If the bankruptcy court finds that there has been fraud or gross mismanagement on the part of the debtor, they can appoint a trustee, who will take over the operations of the debtor for the duration of the proceeding. The business continues to operate as normal, but the original owner is no longer in control. The trustee appointed to a specific bankruptcy may be different from the "U.S. Trustee." While federal bankruptcy courts are in charge of the proceedings, the Department of Justice also assigns a U.S. Trustee to each district. The U.S. Trustee serves as a watchdog over bankruptcy cases and may act as the trustee in a proceeding.
While under Chapter 11, a company can only make the usual sales and purchases that are part of its standard business operations. For example, it can't buy out another company, sell off a division of the company, or sell a major piece of equipment or property without approval from the court. It can't undergo a major expansion, either.
In all Chapter 11 proceedings, a creditors' committee represents the majority of the unsecured creditors, and negotiates the best possible payment options for them. Large-scale cases may have multiple creditors' committees, each representing different groups and factions of the creditors. Stockholders can also form a committee.
At this point, the debtor formulates a plan to reorganize its debts. This plan can be a simple as a payment plan. With larger bankruptcies, companies may take many steps to reorganize their debt. They might offer stock to some creditors. A retail business might have to close stores, lay off employees, or renegotiate union contracts. One of the major provisions of Chapter 11 allows a company to void many of its contracts, including union contracts, contracts with suppliers, and real estate leases.
Although some large companies have filed for bankruptcy in recent years, the overall number of corporate bankruptcies has declined.
The debtor can also "avoid" certain payments or purchases that happened in the period prior to the bankruptcy. The usual period is 90 days, but payments or gifts made to friends, family or company insiders have a one-year limit (or longer, depending on the state where the bankruptcy is filed). Some payments can be returned to the debtor and become subject to the terms of the reorganization plan. This keeps debtors from manipulating their assets and giving preference to certain creditors.
Once the debtor submits a reorganization plan, the creditors and the company's stockholders vote on it. Stockholders are generally very low in terms of priority, and even if they vote down the plan, the court can go ahead with it if the creditors approve. Once the court approves the plan, the Chapter 11 bankruptcy is certified and confirmed. Now the debtor must comply with the plan and make the proper payments to the creditors (or to the trustee, if one has been appointed).
It is important to note that during the period of reorganization, the company's stocks will be virtually worthless. If the company gets out of Chapter 11 and begins operating normally, those stocks can increase in value, but at first they will probably be worth much less than the initial purchase price. Bondholders can sometimes get a fraction of the bonds' face value as part of the reorganization.
If a debtor violates the terms of the plan, there are several potential consequences. A trustee may be appointed. If it appears that the company will not be able to operate profitably and follow through with repayment plans, the Chapter 11 will be converted into Chapter 7. This is a death sentence for the company.
No one ever goes to jail for being in debt. This is easy to overlook when many high profile corporate bankruptcies follow financial crimes committed by executives or accountants. Financial fraud can lead a company to bankruptcy, and the executives may be prosecuted, but bankruptcy itself is not a crime.
FYI-What are the differences between the various chapters of bankruptcy?
In Title 11 of the United States Code (the Federal Bankruptcy Code), there are four bankruptcy filings:
• Chapter 7 - Liquidation
•
• Chapter 11 - Reorganization
•
• Chapter 12 - Adjustment of Debts of a Family Farmer with Regular Annual Income
•
• Chapter 13 - Adjustment of Debts of an Individual with Regular Income
The filing generally depends on the person's financial situation.
Reportedly, the most common filing is
Chapter 7. Companies, married couples and individuals are allowed to file Chapter 7.
A debtor filing Chapter 7 is essentially scrapping everything and starting over, hoping for a clean financial slate. Basically what happens is that once the filing is underway, an administrator or trustee is appointed to maneuver the sale of the debtor's assets. This does not necessarily mean that everything the person owns is sold. Both federal and state laws allow for certain exemptions, meaning that the debtor might get to keep some property, such as his or her primary residence or personal items like clothing. Once the debtor's assets are liquidated, the trustee pays certain creditors a portion of the money raised. Obviously, not all of the creditors receive money from the proceeds, so many of those financial obligations are "forgiven," or discharged. Once someone has filed for bankruptcy under Chapter 7, he or she cannot file again for seven years, and debts that were not forgiven in a previous filing will not be discharged in the next filing.
It is important to note that there are certain debts for which the debtor will receive no forgiveness. Alimony, child support and taxes are not discharged under any bankruptcy filing, and student loans are seldom discharged (see this page for details). So, if a lot of your debt falls into these categories, you might be better off filing Chapter 13.
Chapter 12 and Chapter 13 are basically the same filing, except that Chapter 12 is for family farmers and Chapter 13 is for other individuals. As long as you have a steady, reliable income, less than $269,250 in unsecured debt and less than $807,750 in secured debt, you can file Chapter 13. Once the filing is made, the debtor is assigned a trustee. The debtor and trustee develop a proposal for a repayment plan. The court decides whether to accept or alter the plan or dictate another repayment plan altogether. Once the plan is decided upon, it can last anywhere from three to five years.
You may be wondering why someone would file for Chapter 12 or 13 instead of Chapter 7. There are a couple of reasons for this:
• Under Chapter 12 and 13 filings, debtors do not have to liquidate their assets -- they actually get to keep everything, not just the items that meet the legal exemption.
• In most Chapter 12 and 13 cases, the debtor is repaying only a percentage of what he or she actually owes -- sometimes as little as 30 cents to 50 cents on the dollar!
Chapter 11 bankruptcy is very similar to Chapter 13. The main difference is that there is no limit regarding the amount of money owed by the debtor. Originally only intended for large corporations, individuals can now file Chapter 11 as well.
Filing for bankruptcy is not to be taken lightly. It affects your credit rating for many years. The decision to file is best made under the counsel of a financial planner and/or a legal representative.
For more information on bankruptcy and debt, check out the links on the next page.
http://money.howstuffworks.com/personal-finance/debt-management/chapters-bankruptcy.htm
It is this
post #3520.
I am not sure, because the "lawyer" talk is so convoluted, but I understand from this document:
That WorldSpace can remove the deadline early at any time, that is now set until Dec 2011 to wrap everything up, if nobody files objection before July 14, 2011 and thus they can proceed to court on July 21, 2011.
Anybody else understand it different? Please advise me.
Best I can do, trashed the .pdf file.
July 21st something is happening, we'll see what happens.EOM
This might be the re-organizition.....Sounds like WORLDSPACE will be re-introduced as a service that you can avail of even through your mobile, which makes sense. We still don’t have any details on the subscription rates or when this will be available yet. Looks like there are many ways you can skin this kritter....:o}
MGTY1 you might have your prediction come true.MGTY1
Thanks Jel, kat you also noticed same, should read bord firtst...lol
DTH and the Internet.” Timbre Media has also secured an exclusive license to use the WorldSpace brand in India.
Does secured mean purchased?
MGTY1 your words Global Media is what it will be in the future, already most big businesses and even small businesses, like me, deal globally. Ever since the Internet came about I have been dealing and investing globally. It is ALWAYS communications that spearheads every new technology and you can't put Pandora back in the box. Everything is eventually going global in the communications/media area in particular.
SIRI Research - Link 18-Jun-11 08:19 am
Research has been initiated on SIRI. Sirius XM Radio I (NasdaqNM: SIRI ) traded on unusual volume of 63424216 shares. Given current market trends, SIRI is given a Buy rating as analysts place the 1 year target price at 2.15. Sirius XM Radio Inc. provides satellite radio services in the United States and Canada.
It broadcasts a programming lineup of approximately 135 channels of commercial-free music, sports, news and information, talk and entertainment, traffic, and weather on subscription fee basis through two satellite radio systems in the United States; and holds an interest in the satellite radio services offered in Canada. The company also simulcasts music and selected non-music channels over the Internet; and offers applications to allow consumers to access its Internet services on mobile devices.
As of December 31, 2010, it had 20,190,964 subscribers. In addition, the company designs, establishes specifications, sources or specifies parts and components, and manages various aspects of the logistics and production of satellite radios; licenses its technology to various electronics manufacturers to develop, manufacture, and distribute radios under various brands; and imports radios distributed through its Websites.
The companyÂ’s satellite radios are primarily distributed through automakers, retailers, and its Websites. Further, it provides music services for commercial establishments; a satellite television service to offer music channels as part of certain programming packages on the DISH Network satellite television service; music and comedy channels to mobile phone users through mobile phone carriers; Backseat TV, a service offering television content designed primarily for children in the backseat of vehicles;
Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedules and scores, and movie listings; and real-time traffic and weather services.
The company was formerly known as Sirius Satellite Radio Inc. and changed its name to Sirius XM Radio Inc. in August 2008. Sirius XM Radio Inc. was founded in 1990 and is headquartered in New York, New York.
http://stock-watchlist.info/?code=SIRI
Wish those lawyer could talk regular English for us foreigners. Glad to hear you also interpreted same way....:o}
I am not sure, because the "lawyer" talk is so convoluted, but I understand from this document:
That WorldSpace can remove the deadline early at any time, that is now set until Dec 2011 to wrap everything up, if nobody files objection before July 14, 2011 and thus they can proceed to court on July 21, 2011.
Anybody else understand it different? Please advise me.
I agree it has in the past...;o}
More speculation, maybe July will be lucky.......lol
THIS IS THE ONLY TIME WE WILL SEE AND LIVE THIS EVENT
Calendar for July 2011
Money bags
This year, July has 5 Fridays, 5 Saturdays and 5 Sundays. This happens
once every 823 years. This is called Money Bags.
This year we're going to experience four unusual dates.
1/1/11, 1/11/11, 11/1/11, 11/11/11 and that's not all...
Take the last two digits of the year in which you were born - now add
the age you will be this year,
The results will be 111 for everyone in whole world. This is the year of the Money!!! According to Chinese Feng Shui.
You are not impressed that a Marketing company is building (?) a WorlSpace website?
Why bother.......
These are in business for a purpose.
We Are...
PIR is a full-service marketing firm dedicated to creating the most powerful, inspiring, connected brands in the world, with a focus on ROI.
Advertising & Placement
Brand Management
Corporate ID
Digital Strategy
Internal Communications
Market Research & Campaigns
Messaging
Special Event & Conference Management
Strategic Planning
Sustained Execution
Tech Support & Training
Web Design, Development & Implementation
There are so many other services that utilizes Sats, who knows what direction they might take, if they continue in business.
What's your take on Samara buying back the company and doing a Chapter 11 bankrupcy, if he is going to just eliminate WorldSpace all together. That doesn't make common sense! I believe something is coming. The specifics I don't know of course at this time.
We all are biding our time until something or anything specific appears.....:o} I know I am curious to see how this GAMBLE pans out. Might be as good or better than SIRI.
The (PN) meaning by the WRSPQ - the answer from Matt....
It's a new tier designation system by OTC Markets that's required.
In this case, it means Pinks No Information
http://www.otcmarkets.com/learn/otc-market-tiers
Malone has used red herrings before, it is allowed and often used to throw the competition off.
That sounds great!!! eom.
The repurchase of stock by the company that issued it (SIRI), as to reduce holdings of a single investor or increase the value of shares by reducing their number.
Does anyone know what this means, either it has been there all along and I haven't noticed or it was just put up (by the chart picture).
Worldspace (PN) (WRSPQ) What does the (PN) mean?
It doesn't seem that he did the Fountainbleau by himself. All lawyers have more than one case they are working on at the same time, with other lawyers, especially if it is a big firm. Good news is that they restructured successfully and are up and running now.
Sooo maybe it is a good thing he is working for WorldSpace.
Again this is all speculation. We won't know until it is all done, sealed and delivered. I say this is a gamble, but better than Vegas....;o}
Not so far fetched-Malone's B&N bid a bet on the Nook
Why buy a bookstore? Malone's bid for Barnes & Noble may be a bet on the Nook e-reader.
Anne D'Innocenzio, AP Retail Writer, On Friday May 20, 2011, 4:35 pm EDT
NEW YORK (AP) -- Why buy a bookstore?
John Malone, who made a fortune in cable television, is offering $1 billion for Barnes & Noble -- trying to jump into a business so sick that its No. 2 competitor, Borders Group Inc., is on life support.
The difference is that Malone and his Liberty Media conglomerate aren't betting on the books-and-mortar past, analysts say, but the promise of the electronic future.
Barnes & Noble's Nook electronic reader now accounts for 28 percent of the market for those devices. And the Nook has the potential to go beyond books to deliver all types of digital products, including music, magazines, TV shows and movies. That makes it a competitor not just to Amazon.com's Kindle but also to Apple's iPad.
"This deal is all about the device," said Sherif Mityas, a partner in the retail practice of global management consulting firm A.T. Kearney. "As Apple proved, you need to have the content and the device. Malone has the content, and Barnes & Noble has the device. You're not buying the stores; you're buying the Nook."
Malone's empire, Liberty Media Corp., operates three publicly traded companies -- Liberty Interactive Inc., Liberty Starz Group and Liberty Capital Group -- through which it runs home-shopping network QVC and movie channel Starz. It also holds stakes in numerous other online, media and communications companies. Some believe that QVC could be used as a marketing vehicle for Barnes & Noble's Nook.
With the backing of a media conglomerate, Barnes & Noble's digital business would be able to compete better with Amazon, Apple and others, said Gary Balter, a retail analyst at Credit Suisse.
Barnes & Noble's 700 stores may appear to be an albatross. But they could be transformed into places that highlight mostly digital devices and content and mimic Apple's successful stores. Barnes & Noble has already cleared space at the front of its stores to display the Nook and push e-books.
"You don't want the old-fashioned bookstore customer who goes in and sits and reads a book for two hours. You want people going in there who are hungry for experience," said Richard Hastings, a consumer strategist with Global Hunter Securities.
Barnes & Noble's shares surged almost 30 percent on Friday and passed Liberty's bid of $17 a share in cash, closing at $18.33. The companies haven't yet signed an agreement, and the deal is still subject to closing conditions, including one that founding Chairman Leonard Riggio keep a stake in the company and remain in a management position, Barnes & Noble said.
Barnes & Noble reiterated Friday a committee of its board is evaluating the offer.
Barnes & Noble had put itself up for sale in August in response to pressure from billionaire activist shareholder Ron Burkle, but the company didn't find much interest.
Traditional book sellers have been facing increasing competition from online retailers like Amazon.com and discounters like Wal-Mart Stores Inc. And heavy readers are quickly embracing e-books.
Right now, though, Simba Information senior trade analyst Michael Norris estimates there are still at least five print book buyers for every e-book buyer.
Still, the industry thinks e-books are the future. Amazon.com said Thursday that, after less than four years of selling electronic books, it's now selling more of them than printed books. Stores have cut shelf space devoted to printed books by 15 percent over the past year, estimated Mike Shatzkin, CEO of Idea Logical, a book consulting company. Last year, he predicted that it would take five years for stores to cut space for printed books by 50 percent; now, he believes it will only take about three.
The shift has already rocked Borders Group, which filed for bankruptcy court protection in February. It has been closing stores and is reportedly in talks to sell more than half of those that remain.
While Barnes & Noble has done better than Borders, its quarterly results have been weighed down by large investments in its online and e-reader businesses. Barnes & Noble reported growth in its online store in the most recent quarter, and said both that and its bricks-and-mortar stores were helped by sales of its Nook e-reader.
Last month, Barnes & Noble added an app store and an e-mail program to its Nook Color e-reader. That brings the $249 device closer to working like a tablet computer like the iPad, which sells for twice as much. Barnes & Noble is expected to announce a new version of the Nook next week, though it hasn't said what features it will include.
Clearly, there are concerns. Norris says he would like assurance from Liberty that it's not going to look at the Nook in "a vacuum" and get rid of the stores.
"Its success has been (tied) with the physical bookstores because people are not giving up physical books," he added.
No one know knows exactly what Malone, 70, has in mind. He has typically been a pure investor, like Warren Buffett or a private equity firm, who buys companies when they are cheap and on the brink of financial ruin.
Malone doesn't have a history of putting together grand technological schemes, said Wedge Partners analyst Martin Pyykkonen. He called Malone a "financial engineer" who demands excellent returns, keeps management in place and reaps rewards when the business returns to health.
It could be there is no grand plan with Barnes & Noble, either, besides closing unprofitable stores and otherwise improving profitability. One thing that is similar with other Malone investments is Barnes & Noble's big share of its market, which could get bigger if Borders Group closes or sells more stores.
"Malone's style is to very quietly, very patiently look and watch, and when things get to his threshold level, then make his move," Pyykkonen said. "But he makes his move in a generally quiet, friendly, cooperative way, because he actually wants management to stay in there and keep running the company."
AP Business Writer Ryan Nakashima in Los Angeles contributed to this report.
Malone's B&N bid a bet on the Nook
Why buy a bookstore? Malone's bid for Barnes & Noble may be a bet on the Nook e-reader.
Anne D'Innocenzio, AP Retail Writer, On Friday May 20, 2011, 4:35 pm EDT
NEW YORK (AP) -- Why buy a bookstore?
John Malone, who made a fortune in cable television, is offering $1 billion for Barnes & Noble -- trying to jump into a business so sick that its No. 2 competitor, Borders Group Inc., is on life support.
The difference is that Malone and his Liberty Media conglomerate aren't betting on the books-and-mortar past, analysts say, but the promise of the electronic future.
Barnes & Noble's Nook electronic reader now accounts for 28 percent of the market for those devices. And the Nook has the potential to go beyond books to deliver all types of digital products, including music, magazines, TV shows and movies. That makes it a competitor not just to Amazon.com's Kindle but also to Apple's iPad.
"This deal is all about the device," said Sherif Mityas, a partner in the retail practice of global management consulting firm A.T. Kearney. "As Apple proved, you need to have the content and the device. Malone has the content, and Barnes & Noble has the device. You're not buying the stores; you're buying the Nook."
Malone's empire, Liberty Media Corp., operates three publicly traded companies -- Liberty Interactive Inc., Liberty Starz Group and Liberty Capital Group -- through which it runs home-shopping network QVC and movie channel Starz. It also holds stakes in numerous other online, media and communications companies. Some believe that QVC could be used as a marketing vehicle for Barnes & Noble's Nook.
With the backing of a media conglomerate, Barnes & Noble's digital business would be able to compete better with Amazon, Apple and others, said Gary Balter, a retail analyst at Credit Suisse.
Barnes & Noble's 700 stores may appear to be an albatross. But they could be transformed into places that highlight mostly digital devices and content and mimic Apple's successful stores. Barnes & Noble has already cleared space at the front of its stores to display the Nook and push e-books.
"You don't want the old-fashioned bookstore customer who goes in and sits and reads a book for two hours. You want people going in there who are hungry for experience," said Richard Hastings, a consumer strategist with Global Hunter Securities.
Barnes & Noble's shares surged almost 30 percent on Friday and passed Liberty's bid of $17 a share in cash, closing at $18.33. The companies haven't yet signed an agreement, and the deal is still subject to closing conditions, including one that founding Chairman Leonard Riggio keep a stake in the company and remain in a management position, Barnes & Noble said.
Barnes & Noble reiterated Friday a committee of its board is evaluating the offer.
Barnes & Noble had put itself up for sale in August in response to pressure from billionaire activist shareholder Ron Burkle, but the company didn't find much interest.
Traditional book sellers have been facing increasing competition from online retailers like Amazon.com and discounters like Wal-Mart Stores Inc. And heavy readers are quickly embracing e-books.
Right now, though, Simba Information senior trade analyst Michael Norris estimates there are still at least five print book buyers for every e-book buyer.
Still, the industry thinks e-books are the future. Amazon.com said Thursday that, after less than four years of selling electronic books, it's now selling more of them than printed books. Stores have cut shelf space devoted to printed books by 15 percent over the past year, estimated Mike Shatzkin, CEO of Idea Logical, a book consulting company. Last year, he predicted that it would take five years for stores to cut space for printed books by 50 percent; now, he believes it will only take about three.
The shift has already rocked Borders Group, which filed for bankruptcy court protection in February. It has been closing stores and is reportedly in talks to sell more than half of those that remain.
While Barnes & Noble has done better than Borders, its quarterly results have been weighed down by large investments in its online and e-reader businesses. Barnes & Noble reported growth in its online store in the most recent quarter, and said both that and its bricks-and-mortar stores were helped by sales of its Nook e-reader.
Last month, Barnes & Noble added an app store and an e-mail program to its Nook Color e-reader. That brings the $249 device closer to working like a tablet computer like the iPad, which sells for twice as much. Barnes & Noble is expected to announce a new version of the Nook next week, though it hasn't said what features it will include.
Clearly, there are concerns. Norris says he would like assurance from Liberty that it's not going to look at the Nook in "a vacuum" and get rid of the stores.
"Its success has been (tied) with the physical bookstores because people are not giving up physical books," he added.
No one know knows exactly what Malone, 70, has in mind. He has typically been a pure investor, like Warren Buffett or a private equity firm, who buys companies when they are cheap and on the brink of financial ruin.
Malone doesn't have a history of putting together grand technological schemes, said Wedge Partners analyst Martin Pyykkonen. He called Malone a "financial engineer" who demands excellent returns, keeps management in place and reaps rewards when the business returns to health.
It could be there is no grand plan with Barnes & Noble, either, besides closing unprofitable stores and otherwise improving profitability. One thing that is similar with other Malone investments is Barnes & Noble's big share of its market, which could get bigger if Borders Group closes or sells more stores.
"Malone's style is to very quietly, very patiently look and watch, and when things get to his threshold level, then make his move," Pyykkonen said. "But he makes his move in a generally quiet, friendly, cooperative way, because he actually wants management to stay in there and keep running the company."
AP Business Writer Ryan Nakashima in Los Angeles contributed to this report.
WRSPQ might become a bookstore in the sky, don't despair. He sells everything already on TV, why not Sats.......lol
Sometimes you just have to take a big chance, I have taken worse ones than this. Seems so long ago 2009 when I got in, and have written money off from my budget, so anything will be a bonus if good things happen. If nothing happens so be it.
NEW YORK (AP) A look at Nasdaq 10 most-active stocks at the close of trading
We are in good company...:o}
Cisco Systems Inc. rose .1 percent to $16.65 with 91,625,300 shares traded.
Dell Inc. rose 5.3 percent to $16.75 with 64,054,600 shares traded.
Intel Corp. rose 1.4 percent to $23.88 with 65,039,100 shares traded.
Level 3 Communications Inc. rose 2.2 percent to $1.88 with 22,976,100 shares traded.
Micron Technology Inc. rose 1.2 percent to $10.06 with 36,142,100 shares traded.
Microsoft Corp. rose .7 percent to $24.69 with 53,061,700 shares traded.
Oracle Corp. fell .1 percent to $33.91 with 28,093,500 shares traded.
Sirius XM Radio Inc. rose 1.9 percent to $2.18 with 73,433,100 shares traded.
Staples Inc. fell 15.4 percent to $16.63 with 53,329,100 shares traded.
Yahoo Inc. fell .3 percent to $15.96 with 25,495,800 shares traded.
That was only 651 shares, in the doc. it said he had 50K, see how fast this can move up or down. I am taking the gamble that something is up for 5.5 Mil. that Samara spent to to buy this company back. Why would anyone spend a nickle if it is going away? Now that doesn't make sense.
Thanks jel2maine!!! eom