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Re: LSUTrader post# 39988

Saturday, 05/12/2007 10:52:19 AM

Saturday, May 12, 2007 10:52:19 AM

Post# of 45194
Bottom line

is that NWWV has to be trading around .028 at the merger date for PLYCF shareholders to break even. After some thought, I'm happy with the merger because Garner was not getting the job done and PLYCF shareholders were not benefiting. I was impressed with Askenasi during the CC, he seems to be an intelligent man.

The skeptic in me says that the merger was Askensai bailing Garner out because the promised JVs had fallen apart.

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