Ahhhh... a breath of fresh air:
By: scarednomore
26 Jul 2006, 04:25 PM EDT
Msg. 2140 of 2142
(This msg. is a reply to 2139 by inet64.)
inet
I think it is possible that ASD thinks they have a very good case. Does not make any sense to me that their attorneys would chase something they know they cannot win. I doubt that ASD is the least bit concerned about the financial condition of Cdex. If they think they have a case, they just simply want to protect what they think is theirs, broke or rich, IMO, makes no difference
I couldn't agree more, after personally speaking with ASD's Vice President of Technology over a year before the law suit was filed I believe that your opinion is exactly the case.
ASD lawyers were studying the situation for over a year before filing this "shot across the bow". They must be awfully stoopid or awfully thorough.
My guess is the PPS reflects the consensus among seasoned investors.