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Re: balancr post# 34156

Tuesday, 02/20/2007 8:45:00 AM

Tuesday, February 20, 2007 8:45:00 AM

Post# of 79921
Here's a thought on the float as well. There's been a lot of talk on a number of boards about reducing the float - a noble goal if it indeed is high. But when we look at the numbers most often bandied about, 1 billion down to 800 million, how much does that 200 mil really matter? Granted, there's a credibility issue, but we are in the pinks, and I expect some skeletons in the closet. But the 200 mil for a company that can release a pr like the one today seems less an issue. Wouldn't making an additional 5 mil in earnings cover the difference between an 800 mil and a 1 bil float?

Become transparent, release the share count and financials. Unless we're still in the 1.75 billion range, I wouldn't be too concerned about the share count if we are winning contracts like today's. Other's thoughts on this?

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