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Re: rmarchma post# 42668

Wednesday, 09/03/2003 9:09:18 AM

Wednesday, September 03, 2003 9:09:18 AM

Post# of 433290
ronnie...I have become less and less enchanted with mgmt over the last two years but the two things I have liked are as follows:

1> I am glad that they finally stood up to NOK. I hope that continues and that we don't cave for a deal that is 10 cents on the dollar. The fact that they are vigorously pursuing arbitration with them is what needed to be done. "Don't fullfill the timeline, we proceed in the next course of action"

2> In a "survival environment" they grew the cash position which has strengthened their resolve and staying power with several of these issues. It is no small accomplishment under the current business environment that they have been able to do this.
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