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Re: badabing1us post# 25074

Thursday, 08/23/2007 3:28:42 PM

Thursday, August 23, 2007 3:28:42 PM

Post# of 92102
Let me try and touch on something that hasn't been brought up before. I worked for a huge printing firm in Chicago where we did a great deal of "Financial Printing". Lawyers would come into our plant late afternoon and fine-tune their financials. Now my experiences would be centered on Debentures, Prospectuses, Stock Splits, etc. I suppose this could also include someone "injecting millions into our Spooz". I was a typesetter at the time. We would get copy for typsetting and then wait for revises and proofs and revises. Incidentally, all proofs would be accounted for so that nothing was left for prying eyes to find. Also documents had to be signed by employees that they would not reveal what was being done. This was QUIET TIME. If you had insider info and bought stock in a company that was filing for a stock-split before news was out . . . you just lost your job. All this work occasionally took all night before it would be reaady for final printing and delivery to SEC.
Now this is only one facet of making a deal. God knows how many days it may take for two parties to iron out suggestions and counter-suggestions before one item of the deal is satisfactory to both parties. Then on to another item of the deal and over again.
Am I getting close to explaining what I think is involved in making a deal between two companies? It certainly isn't anything close to trading baseball cards. Ooops, dating myself!